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119 Regal Row

Lee & Associates Negotiates 49.5K SF Industrial Lease In Dallas's 119 Regal Row
LEASEDIndustrial

Lee & Associates Negotiates 49.5K SF Industrial Lease In Dallas's 119 Regal Row

119 Regal Row

Building Size

49,542 SF

Asset Type

Industrial

Closing

Nov 16, 2023

AI

An industrial lease for a 49,542-square-foot property located at 119 Regal Row in northwest Dallas has been negotiated. The property, built in 1978, is part of a larger facility totaling 230,710 square feet. The lease transaction involved the landlord, Dogwood Industrial Properties, and the tenant, Kit Composites.

Summary of Transaction Details

  • Property Type: Industrial
  • Transaction Amount: Not specified
  • Address: 119 Regal Row, Dallas
  • Market: Dallas
  • Square Footage: 49,542

Representing the landlord, Emily Cannon from Dogwood Industrial Properties was involved in the negotiation. Kit Composites, the tenant, was represented by Jeremy Mercer from Mercer Company. Stephen Williamson of Lee & Associates served as the landlord's representative in the deal.

Players

Jeremy Mercer

Mercer Company

Broker

8 deals

Broker
Dogwood Industrial Properties
Dogwood Industrial PropertiesLandlord

Dallas 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