E-Future Logistics Inc. Leases 91520 Square Feet Industrial Space From Prologis In Farmers Branch
12301 North Stemmons Freeway
Building Size
91,520 SF
Asset Type
Industrial
Closing
Jan 15, 2025
AI
The lease transaction involves an industrial asset located at 12301 North Stemmons Freeway in Farmers Branch. The total leased area encompasses approximately 91,520 square feet. The property is owned by Prologis.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not provided
- Lease Date: 01/15/2025
- Tenant: E-Future Logistics Inc.
- Landlord: Prologis
- Tenant's Representative: Ally Tanghongs (Lee & Associates), George Tanghongs (Lee & Associates)
- Landlord's Representative: Steven Berger (CBRE)
The deal is represented by Ally Tanghongs and George Tanghongs from Lee & Associates for E-Future Logistics Inc. The landlord, Prologis, is represented by Steven Berger from CBRE, ensuring that both parties have professional representation during the lease process.
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