Marco Co. Signs Lease For 308,777 SF Industrial Space In Fort Worth With Landlord Blackstone
LEASED
Texas
See Similar DealsIndustrial308,777 SF
Leased 04/27/2021
LEASED
Marco Co. Signs Lease For 308,777 SF Industrial Space In Fort Worth With Landlord Blackstone
1000 Terminal Road, Fort Worth, TX, USA
See Similar DealsIndustrial308,777 SF
Leased 04/27/2021
Summary
TEXAS
Asset Type:Industrial
Total Square Footage:308,777 SF
Transaction Type:Lease
An industrial property located at 1000 Terminal Road in Fort Worth has been leased. The property spans across 308,777 square feet and sits on 25.9 acres of land.
Summary of transaction details:
- Property Type: Industrial
- Tenant: Marco Co.
- Landlord: Blackstone - Stephen A. Schwarzman
- Tenant's Representative: Becky Thompson - Lee & Associates
- Landlord's Representative: George Curry - JLL
- Date: 04/27/2021
Becky Thompson from Lee & Associates represented Marco Co. as the tenant's representative in the lease transaction. George Curry from JLL represented the landlord, Blackstone - Stephen A. Schwarzman.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$17,698,911.31
Total Lease Value
$176,989,113.11
Net Landlord Cash Flow$17,698,911.31
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