Class A Office Portfolio Joint Venture Equity Opportunity located in Dallas, Texas

July 19, 2018

 

As exclusive advisor, we are seeking $92 Million of Joint Venture Equity to acquire a 2 Million SF Class A Office Portfolio located in Dallas, Texas.

 

 

 

Key Highlights

  • The Sponsor has these assets under contract.
  • The Portfolio consists of 5 assets totaling 2 Million SF.
  • The building is 90% occupied and rents are 29% below market, thus there is significant upside in the NOI.
  • The deal is expected to generate over an 18% IRR, a 2.5X equity multiple, and an average 8% cash-on-cash return.

 

For more information, please contact:

Michael Campbell – Partner                mjc@carltongroup.com    (212) 716-5611

Steve Fenster – Managing Director   sef@carltongroup.com    (212) 716-5614

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(212) 545-1000

Class A Office Portfolio Joint Venture Equity Opportunity located in Dallas, Texas