Texas Speed & Performance Leases Industrial Space In Georgetown With Landlord Titan Development And Tenant's Rep JD Murray
LEASED
Texas
See Similar DealsIndustrial172,428 SF
Leased 10/26/2021
LEASED
Texas Speed & Performance Leases Industrial Space In Georgetown With Landlord Titan Development And Tenant's Rep JD Murray
101 Velocity Dr, Georgetown, TX 78628
See Similar DealsIndustrial172,428 SF
Leased 10/26/2021
Summary
TEXAS
Asset Type:Industrial
Total Square Footage:172,428 SF
Transaction Type:Lease
Located in Georgetown, the industrial property at 101 & 201 Velocity Drive has recently been leased. The property spans an impressive 146 acres and offers a total of 172,428 square feet of space. The transaction took place on October 26, 2021.
Summary of Transaction Details
- Property Type: Industrial
- Transaction Date: 10/26/2021
- Address: 101 & 201 Velocity Drive, Georgetown
- Market: Georgetown
- Size: 172,428 square feet
The landlord for this lease is Titan Development, represented by Joe Iannacone. On the other side, Texas Speed & Performance, represented by JD Murray, is the tenant. The deal was facilitated by Omar Nasser of Aquila Commercial.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$9,883,468.91
Total Lease Value
$98,834,689.10
Net Landlord Cash Flow$9,883,468.91
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