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

January 6, 2019

 

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

  Previous Next