Logistics Property Company Leases 1 Million Square Feet In Justin Texas With CBRE As Tenant’s Rep

An undisclosed packaging company has entered into a lease agreement for a 1 million-square-foot industrial asset located at 13410 State Highway 114 in Justin, TX. The property is wholly owned by Logistics Property Company and represents a significant presence in the local industrial market.

Summary of transation details:

• Property Type: Industrial
• Transaction Amount: Undisclosed
• Square Footage: 1,000,000
• Address: 13410 State Highway 114
• Market: Justin, TX
• Landlord: Logistics Property Company
• Landlord's Representatives: Nathan Lawrence & Krista Raymond - KBC Advisors; Aaron Martell - Logistics Property Co.
• Tenant's Representative: CBRE

This transaction is notable for being one of the largest industrial leasing agreements in the region, facilitated by the efforts of KBC Advisors representing the landlord and CBRE advocating for the tenant, ensuring all parties' interests were effectively managed throughout the leasing process.