Stanton Road Capital Acquires 176700 SF Property In Irving Texas With Newmark's Chris Murphy, Gary Carr, John Alvarado As Seller's Representatives
SOLD
Texas
See Similar DealsOffice176,700 SF
SOLD
Stanton Road Capital Acquires 176700 SF Property In Irving Texas With Newmark's Chris Murphy, Gary Carr, John Alvarado As Seller's Representatives
7501 Esters BLVD, Irving, TX, 75063
See Similar DealsOffice176,700 SF
Summary
TEXAS
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:176,700 SF
Transaction Type:Sale
Esters 114 Business Center is a 176,700-square-foot office complex located at 7501 Esters BLVD, Irving, TX, 75063. The property is situated in the Irving market and includes two buildings that were 91 percent leased at the time of the sale.
Summary of transaction details:
- Property Type: Office Complex
- Transaction Amount: Not Disclosed
- Address: 7501 Esters BLVD, Irving, TX, 75063
- Market: Irving
- Square Footage: 176,700
- Seller’s Representatives: Chris Murphy-Newmark, Gary Carr-Newmark, John Alvarado-Newmark
- Buyer: Stanton Road Capital
- Leasing Agent: Cushman & Wakefield
The transaction was facilitated by Chris Murphy, Robert Hill, Gary Carr, and John Alvarado from Newmark, representing the seller in the deal. Stanton Road Capital, a California-based investment firm, acquired the property and plans to have Cushman & Wakefield manage leasing activities moving forward.
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Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$0.00
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
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Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00
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