LEASEDIndustrial
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
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.
Players
Sunnyvale Industrial Market Snapshot
Boundary boundary · Industrial · Lease transactions
Loading comparables…
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