VanTrust Real Estate Leases Industrial Property In El Paso To OLA Logistics, Interceramic, And Buckland Global Trade Services
LEASED
+ 3
Texas
See Similar DealsIndustrial187,323 SF
Leased 02/23/2022
LEASED
VanTrust Real Estate Leases Industrial Property In El Paso To OLA Logistics, Interceramic, And Buckland Global Trade Services
12220 Paseo Del Este Boulevard, El Paso, Texas 79928, United States
See Similar DealsIndustrial187,323 SF
Leased 02/23/2022
+ 3
Summary
TEXAS
Asset Type:Industrial
Total Square Footage:187,323 SF
Transaction Type:Lease
An industrial property located at 12220 Paseo Del Este Boulevard and 12425 Mercantile Avenue in El Paso has been leased. The property spans approximately 187,323 square feet, making it suitable for various industrial activities. The lease was finalized on February 23, 2022.
Summary of transaction details
- Property Type: Industrial
- Transaction Date: February 23, 2022
- Address: 12220 Paseo Del Este Boulevard & 12425 Mercantile Avenue, El Paso
- Market: El Paso
- Square Footage: 187,323
The property was leased by OLA Logistics, LLC, Interceramic, Inc., and Buckland Global Trade Services, Inc. The landlord in this transaction is VanTrust Real Estate, LLC, represented by Josh Meredith. The tenant's representatives include David Hingst from PIRES International, Steve Berger from CBRE Dallas, Chad McCleskey from CBRE El Paso, and Andres Sandoval from CBRE El Paso.
Players
LANDLORD
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$10,737,241.32
Total Lease Value
$107,372,413.21
Net Landlord Cash Flow$10,737,241.32
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