Renaissance Network Reinvent Leases Industrial Space In Flower Mound With Whitebox Real Estate
LEASED
Texas
See Similar DealsIndustrial42,596 SF
Leased 05/11/2022
LEASED
Renaissance Network Reinvent Leases Industrial Space In Flower Mound With Whitebox Real Estate
1200 Lakeside Parkway, Flower Mound, Texas 75028, United States
See Similar DealsIndustrial42,596 SF
Leased 05/11/2022
Summary
TEXAS
Asset Type:Industrial
Total Square Footage:42,596 SF
Transaction Type:Lease
The industrial property located at 1200 Lakeside Parkway in Flower Mound has been leased. The property spans approximately 42,596 square feet.
Summary of transaction details
- Property Type: Industrial
- Transaction Date: 05/11/2022
- Address: 1200 Lakeside Parkway, Flower Mound
- Market: Flower Mound
- Landlord: Prologis
- Tenant: Renaissance Network Reinvent
The landlord, Prologis, facilitated the lease agreement with Renaissance Network Reinvent as the tenant. The tenant's representatives from Whitebox Real Estate, Evan Hammer, Ben Crancer, Lauren Pesqueda, and Brendan Zrowka, were involved in the deal on behalf of the tenant.
Players
LANDLORD
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$2,441,577.02
Total Lease Value
$24,415,770.16
Net Landlord Cash Flow$2,441,577.02
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