AT&T Extends Office Lease At 440 South Executive Drive In Brookfield, WI
440 South Executive Drive
Building Size
—
Asset Type
Office
Closing
Mar 20, 2024
About this deal
AI
The office asset involved in the transaction is a 45,323-square-foot space located at 440 South Executive Drive in Brookfield, WI. The lease renewal was between landlord Decade Cos and tenant John T. Stankey of AT&T.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not provided
- Landlord: Decade Cos
- Tenant: John T. Stankey - AT&T
- Brokers: John Davis, Ned Purtell & Patti Stevens - Founders 3 Real Estate Services
The lease renewal was facilitated by Founders 3 Real Estate Services, with representation from John Davis, Ned Purtell, and Patti Stevens acting on behalf of Decade Cos.
On the Map
Office
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Players
Brookfield Office Market Snapshot
Boundary boundary · Office · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93