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12301 North Stemmons Freeway

E-Future Logistics Inc. Leases 91520 Square Feet Industrial Space From Prologis In Farmers Branch
LEASEDIndustrial

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:

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

Steven Berger

CBRE

Broker

3 deals

Broker
Hamid Moghadam

Hamid Moghadam

Prologis

Landlord

$2.6B

vol

51 deals

Landlord

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