Updated Oct 28, 2024
Chempak International Leases Industrial Property In Stafford From Crow Holdings With Tenant's Rep Avison Young
13223 Murphy Road, Stafford, TX 77477, USA
Building Size
156,726 SF
Asset Type
Industrial
Closing
Sep 9, 2021
About this deal
AI
The industrial property located at 13223 Murphy Road in Stafford has been leased. The property spans 156,726 square feet, making it a significant asset in the market.
Summary of transaction details:
- Property Type: Industrial
- Transaction Date: 09/09/2021
- Address: 13223 Murphy Road
- Market: Stafford
- Square Footage: 156,726
The landlord in this lease transaction is Crow Holdings, while the tenant is Chempak International. Representing the landlord are Walter Menuet, Barkley Peschel, and Jason Scholtz from Colliers International. On the other hand, Anthony Squillante, Drew Coupe, and Josh Morrow from Avison Young serve as the tenant's representatives.
On the Map
Industrial
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Players
Stafford 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