Scenic Expressions Leases 299,234 SF Industrial Space In Santa Clarita With Tenant's Rep Brent Weirick - JLL
LEASED
California
See Similar DealsIndustrial299,234 SF
Leased 01/09/2023
LEASED
Scenic Expressions Leases 299,234 SF Industrial Space In Santa Clarita With Tenant's Rep Brent Weirick - JLL
25530 Springbrook Avenue, Santa Clarita, California 91350, United States
See Similar DealsIndustrial299,234 SF
Leased 01/09/2023
Summary
CALIFORNIA
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:299,234 SF
Transaction Type:Lease
A lease transaction has taken place in Santa Clarita. The property involved is an industrial asset with a total area of 299,234 square feet. The address of the property is 25530-25765 Springbrook Avenue.
Summary of transaction details
- Property Type: Industrial
- Tenant: Scenic Expressions - Mark Larinto
- Landlord: COV-Saugus B LLC
- Landlord's Representative: Craig Peters - CBRE
- Tenant's Representative: Brent Weirick - JLL
The tenant, Scenic Expressions represented by Mark Larinto, has leased the industrial property located at 25530-25765 Springbrook Avenue in Santa Clarita from the landlord, COV-Saugus B LLC. The transaction was facilitated by the landlord's representative, Craig Peters from CBRE, and the tenant's representative, Brent Weirick from JLL.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$17,151,912.31
Total Lease Value
$171,519,123.09
Net Landlord Cash Flow$17,151,912.31
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