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SMP Industrial Control & Trading Leases 22,000 SF Industrial Space At 13750 FM 529, West Houston
LEASED
Texas
See Similar DealsIndustrial22,000 SF
Leased 05/16/2023
LEASED
SMP Industrial Control & Trading Leases 22,000 SF Industrial Space At 13750 FM 529, West Houston
13750 FM 529 Houston, TX 77084, USA
See Similar DealsIndustrial22,000 SF
Leased 05/16/2023
Summary
TEXAS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:22,000 SF
Transaction Type:Lease
Finial Group, a real estate firm, has facilitated a 22,000-square-foot industrial lease in West Houston at 13750 FM 529, located within Vault 529 Industrial Business Park. The lease agreement was signed by SMP Industrial Control & Trading as the tenant. The terms of the lease were not disclosed.
Summary of transation details
- Property Type: Industrial
- Address: 13750 FM 529, West Houston
In this transaction, the undisclosed landlord was represented by Jason Gibbons and Chase Tucker from Finial Group. They provided their expertise to ensure a successful lease agreement. On the other hand, Chase Cribbs and Drew Donohue from Lee & Associates represented SMP Industrial Control & Trading, negotiating the terms of the lease on their behalf. Their combined efforts resulted in the successful completion of the lease.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$1,261,026.72
Total Lease Value
$12,610,267.24
Net Landlord Cash Flow$1,261,026.72
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