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Baker Distributing Co. Leases Industrial Space At 10701 North Stemmons Freeway In Dallas

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LEASED

Texas

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Industrial28,562 SF
Leased 09/14/2023
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LEASED

Baker Distributing Co. Leases Industrial Space At 10701 North Stemmons Freeway In Dallas

10701 North Stemmons Freeway

See Similar Deals
Industrial28,562 SF
Leased 09/14/2023
Contact now

Summary

TEXAS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:28,562 SF
Transaction Type:Lease

An industrial space measuring 28,562 square feet located at 10701 North Stemmons Freeway in Dallas has been leased. The property is owned by EastGroup Properties and was represented by their broker, Donald F. Colleran. The tenant, Baker Distributing Co., secured the lease for this industrial space.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: Not specified
  • Address: 10701 North Stemmons Freeway
  • Market: Dallas

The lease agreement at 10701 North Stemmons Freeway in Dallas was negotiated by Adam Graham and Ken Wesson of Lee & Associates. They represented EastGroup Properties, the landlord, in the transaction. Baker Distributing Co. selected this industrial space for their operations but did not engage any additional brokers in the deal.

Players

Adam Graham
24 deals
BROKER

Ken Wesson
Lee & Associates
15 deals
BROKER

Donald F. Colleran
EastGroup Properties
4 deals
LANDLORD

Details

LEASED
IMAGE: Donald F. Colleran, Matt Roth, Adam Graham & Ken Wesson DATE: 09/14/2023 ADDRESS: 10701 North Stemmons Freeway MARKET: Dallas ASSET TYPE: Industrial ~ SF: 28,562 LANDLORD: EastGroup Properties - Donald F. Colleran (@D.Colleran__) TENANT: Baker Distributing Co. (@bakerdistributingcompany) - Matt Roth BROKERS: Adam Graham & Ken Wesson - Lee & Associates (@leeassociatesre) NOTE: Lee & Associates negotiated a 28,562 sq-ft industrial lease at 10701 N. Stemmons Freeway in Dallas. The landlord, EastGroup Properties, was represented by Adam Graham and Ken Wesson of Lee & Associates, while Baker Distributing Co. was the tenant, with no other brokers involved.

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Deal Type
Effective Rent (Annual)

$1,637,156.60

Total Lease Value

$16,371,566.04

Net Landlord Cash Flow$1,637,156.60