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100 Fm 3083

Unimacts Leases 64,177 SF Industrial Space At Northstar Industrial Park In Conroe, Texas
LEASEDIndustrial

Unimacts Leases 64,177 SF Industrial Space At Northstar Industrial Park In Conroe, Texas

100 Fm 3083

Building Size

64,177 SF

Asset Type

Industrial

Closing

Oct 17, 2023

AI

Unimacts, a solar energy parts provider, has leased 64,177 square feet of space at Northstar Industrial Park in Conroe, Texas. The industrial park, owned by BAUER Group, offers potential for up to 750,000 square feet of distribution and manufacturing space across its five buildings.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not disclosed
  • Address: 100 FM 3083, Conroe, Texas
  • Market: Conroe
  • Landlord: BAUER Group
  • Tenant: Unimacts
  • Landlord's Representative: Dawson Smith & Drew Coupe - Avison Young
  • Tenant's Representative: Doc Perrier - Outpost Partners

The lease agreement was facilitated by Doc Perrier from Outpost Partners, who represented Unimacts. The landlord, BAUER Group, was represented by Dawson Smith and Drew Coupe from Avison Young.

Players

Doc Perrier

Finial Group

Broker

$23.8K

vol

10 deals

Broker

Christian Gress

BAUER Group

Landlord

2 deals

Landlord

Conroe 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