The property involved in this transaction is an industrial asset located at 1401 Valley View Lane in Irving. The facility encompasses a total area of 218,400 square feet and is part of the Valley View Business Center, which spans 414,871 square feet and was constructed in 2009. This industrial building features clear heights of 30 feet, 87 dock-high doors, and five drive-in doors.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: Lease extension
• Address: 1401 Valley View Lane
• Market: Irving
• Landlord: Brookfield Properties
• Tenant: ASC Engineered Solutions
• Landlord's Representative: Holt Lunsford Commercial
• Tenant's Representatives: Connor Reeves, Garrett Gibbons, Jeff Sanita, John McMillan & Danny Williams - Newmark

Newmark played a key role in securing a lease extension for ASC Engineered Solutions at the property. Holt Lunsford Commercial represented Brookfield Properties in this transaction, emphasizing the collaborative effort between the parties involved in the deal.