Through its relationships, Ojala identified the opportunity to acquire this unique office building in the high-growth Far North Dallas office submarket. The property was 100% leased to a strong credit tenant, but the existing lease structure was not marketable to institutional investors. Therefore, Ojala was able to acquire the property at a very attractive basis with strong in-place yield. Through its scenario analysis and loan structuring Ojala was able to create a transaction that offered its investors strong upside potential with significantly mitigated risk.
3905 North Dallas Parkway: execution of an overlooked office acquisition opportunity
Transaction Background> Back To Portfolio
Ojala 3905 NDP Investors, LP
160,000 SF class B office