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Cummins Clean Fuel Technologies Expands Manufacturing Operations At AllianceTexas In Fort Worth

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LEASED
Reid Goetz
Michael Haggar
+ 1

Texas

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Industrial160,000 SF
Leased 05/11/2023
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Property Image
LEASED

Cummins Clean Fuel Technologies Expands Manufacturing Operations At AllianceTexas In Fort Worth

1051 Republic Dr, Roanoke, Tx 76262

See Similar Deals
Industrial160,000 SF
Leased 05/11/2023
Reid Goetz
Michael Haggar
+ 1
Contact now

Summary

TEXAS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:160,000 SF
Transaction Type:Lease

Cummins Clean Fuel Technologies is expanding its manufacturing operations at AllianceTexas in Fort Worth, increasing its footprint to about 160,000 square feet. The provider of natural gas delivery systems is leasing the industrial property at Roanoke. JLL represented Cummins in the lease negotiations, while Hillwood represented itself as the landlord.

Summary of transaction details

  • Property Type: Industrial
  • Tenant: Cummins Clean Fuel Technologies
  • Landlord: Hillwood
  • Location: Roanoke
  • Lease Size: 160,000 square feet

Cummins Clean Fuel Technologies, a provider of natural gas delivery systems, is expanding its manufacturing operations at AllianceTexas, a master-planned community in Fort Worth, increasing its footprint to about 160,000 square feet. JLL represented Cummins, while Hillwood was represented internally in the lease negotiations.

Players

Samuel Rhea
3 deals
BROKER

Reid Goetz
Hillwood
3 deals
BROKER

Michael Haggar
JLL
2 deals
BROKER

John Worthen
JLL
2 deals
BROKER

Details

LEASED
IMAGE: ADDRESS: ROANOKE MARKET: ASSET TYPE: Industrial LANDLORD: TENANT: LANDLORD'S REP: TENANT'S REP: BROKERS: ASKING RENT: $/ft. ~ SF: LEASE TERMS: NOTE: Cummins Clean Fuel Technologies, a provider of natural gas delivery systems, is expanding its manufacturing operations at AllianceTexas, a master-planned community in Fort Worth, increasing its footprint to about 160,000 square feet. JLL represented Cummins, while Hillwood was represented internally in the lease negotiations.

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Deal Type
Effective Rent (Annual)

$9,171,103.45

Total Lease Value

$91,711,034.49

Net Landlord Cash Flow$9,171,103.45