Address: 4950 Amon Carter Blvd & 14800 Trinity Blvd
Year Built: 2007 & 2001
Building SF: 233,000 SF
Acquisition Date: October 2022
Projected Hold Period:
3.0 Years
Suburban office portfolio consisting of two single-story buildings with three tenants
- Pre-emptively exercise the extension option on the US Postal Service lease which expires in August of 2024, with a 5 yearoption.
- All tenants have incremental rent increases, except for the US Postal Service who has a rental bump associated with their option to extend, thus sell with a WALT similar to present day to retain value