Creation Technologies Texas LLC Leases Industrial Space In Plano To Watanabe Plano LLC
LEASED
Texas
See Similar DealsIndustrial66,467 SF
Leased 08/12/2019
LEASED
Creation Technologies Texas LLC Leases Industrial Space In Plano To Watanabe Plano LLC
1001 Klein Rd, Plano, TX, 75074
See Similar DealsIndustrial66,467 SF
Leased 08/12/2019
Summary
TEXAS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:66,467 SF
Transaction Type:Lease
The industrial property at 1001 Klein Road in Plano, TX, 75074, spans 114,195 square feet, with a lease negotiated by Lee & Associates for 66,467 square feet. The tenant, Creation Technologies Texas LLC, signed the lease represented by Timothy (Tim) Vogds of CBRE. The landlord, Watanabe Plano LLC, was represented by George Tanghongs and Brett Lewis of Lee & Associates.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not provided
- Tenant: Creation Technologies Texas LLC
- Tenant's Rep: Timothy (Tim) Vogds (CBRE)
- Landlord: Watanabe Plano LLC
- Square Feet: 66,467
- Market: Plano
Lee & Associates negotiated the industrial lease at 1001 Klein Road in Plano, TX. The tenant, Creation Technologies Texas LLC, was effectively represented by Timothy Vogds of CBRE. On the other side of the deal, the landlord, Watanabe Plano LLC, had George Tanghongs and Brett Lewis of Lee & Associates handling the lease negotiations.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$3,809,848.33
Total Lease Value
$38,098,483.31
Net Landlord Cash Flow$3,809,848.33
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