Updated Oct 28, 2024
Barings Leases 60,000 SF Industrial Space In Sunnyvale With Tenant's Rep Cushman & Wakefield
100 Planters Road, Sunnyvale, Texas 75182, United States
Building Size
60,000 SF
Asset Type
Industrial
Closing
Jul 17, 2022
About this deal
AI
Barings has leased a 60,000 square foot industrial property located at 100 & 200 Planters Road in Sunnyvale. The lease was signed on July 18, 2022.
Summary of transaction details:
- Property Type: Industrial
- Transaction Date: 07/18/2022
- Address: 100 & 200 Planters Road
- Market: Sunnyvale
- Square Footage: 60,000
The landlord, Barings, was represented by Greg Nelson from Paladin Partners, while the tenant, Adam Curran and Jay Benner, were represented by Cushman & Wakefield.
Traded’s record for 100 Planters Road, Sunnyvale, Texas 75182, United States in Sunnyvale, Texas covers a industrial lease from 2022. Published size for 100 Planters Road, Sunnyvale, Texas 75182, United States is 60,000 square feet. Greg Nelson, Adam Curran, Jay Benner, Paladin Partners Commercial Real Estate Services appear on the lease alongside Paladin Partners Commercial Real Estate Services, Cushman & Wakefield. This page is the Sunnyvale, Texas file for the 100 Planters Road, Sunnyvale, Texas 75182, United States industrial leased: pricing, party profiles, and other closed industrial comps from the same Sunnyvale sit in the Market section below. Filter that Sunnyvale industrial set by closing date to see what else leased near 100 Planters Road, Sunnyvale, Texas 75182, United States around 2022. Cite this Barings Leases 60,000 SF Industrial Space In Sunnyvale With Tenant's Rep Cushman & Wakefield lease when underwriting similar industrial product around Sunnyvale, Texas.
Players
Sunnyvale Industrial Market Snapshot
Boundary boundary · Industrial · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93