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Newmark Negotiates Lease Extension For AmeriPac At International Commerce Park In Irving

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LEASED

Texas

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Industrial162,500 SF
Leased 09/13/2023
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Property Image
LEASED

Newmark Negotiates Lease Extension For AmeriPac At International Commerce Park In Irving

1011 N 28th Ave Irving, TX 75063, USA

See Similar Deals
Industrial162,500 SF
Leased 09/13/2023
the dealplayerscompscontact
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Summary

TEXAS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:162,500 SF
Transaction Type:Lease

An industrial property spanning 162,500 square feet located at 1011 North 28th Avenue in Irving has been leased. AmeriPac, a packaging and fulfillment services provider, has secured a lease extension at the International Commerce Park.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: N/A
  • Market: Irving
  • Tenant: AmeriPac
  • Landlord's Representative: Stream Realty Partners
  • Tenant's Representative: Blake Anderson - Newmark

Newmark, represented by Blake Anderson, successfully negotiated the lease extension for AmeriPac. The landlord, Stream Realty Partners, played a vital role in the deal as well.

Players

Blake Anderson
Newmark
Blake Anderson
4 deals
BROKER

Details

LEASED
IMAGE: Greg Wren & Blake Anderson DATE: 09/13/2023 ADDRESS: 1011 North 28th Avenue MARKET: Irving ASSET TYPE: Industrial ~ SF: 162,500 TENANT: AmeriPac (@au.AmeriPac) - Greg Wren LANDLORD'S REP: Stream Realty Partners (@streamrealtypartners) TENANT'S REP: Blake Anderson - Newmark (@Newmark) NOTE: Newmark has negotiated a 162,500-square-foot lease extension for AmeriPac, a packaging and fulfillment services provider, at International Commerce Park in Irving. Blake Anderson of Newmark represented AmeriPac, while Stream Realty Partners represented the landlord.

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Deal Type
Effective Rent (Annual)

$9,314,401.94

Total Lease Value

$93,144,019.41

Net Landlord Cash Flow$9,314,401.94