Updated Nov 2, 2026
Resurgent Industries Inc. Leases 106,000 Square Feet At Freehill Development's Hero Way Project
11561 West Hero Way
Building Size
106,000 SF
Asset Type
Industrial
Closing
Oct 22, 2026
About this deal
AI
An industrial asset located at 11561 West Hero Way in Leander, TX, encompasses 106,000 square feet. It is part of a larger development by Freehill Development Company, which totals 230,000 square feet, now fully leased.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 11561 West Hero Way
- Square Footage: 106,000
- Market: Leander, TX
- Landlord: Freehill Development Company
- Tenant: Resurgent Industries Inc.
- Brokers: Morgan McMahen & Mo Green - KBC Advisors
Resurgent Industries Inc., a manufacturing startup based in Austin, will begin production shortly and expects to achieve full production capacity by the first quarter of 2027. The company has secured approximately $19 million in funding and currently employs 30 people.
On the Map
Industrial
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Players
Way Industrial Market Snapshot
Boundary boundary · Industrial · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93