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
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