Nestle USA Renews 524,252 Square Foot Industrial Lease With Clarion Partners In Fort Worth

The property asset involved in this transaction is an industrial facility located at 13600 Independence Parkway in Fort Worth, TX, with a total square footage of 524,252. The property is owned by Clarion Partners and is utilized by Nestle USA as a distribution hub. The lease term is undisclosed.

Summary of transation details:

• Property Type: Industrial
• Transaction Amount: Undisclosed
• Address: 13600 Independence Parkway
• Market: Fort Worth, TX
• Landlord: Clarion Partners
• Tenant: Nestle USA
• Landlord's Representative: Matt Carthey - Holt Lunsford Commercial
• Tenant's Representative: David Eseke - Cushman & Wakefield

The deal involved Nestle USA renewing its lease for the industrial space, ensuring continuity in their operations at this location. The negotiation process was facilitated by Matt Carthey representing Clarion Partners and David Eseke representing Nestle USA, reflecting collaboration among the parties to finalize this agreement.