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Crow Holdings Leases 45406 Square Feet Industrial Space To Pepperidge Farm In Richardson
LEASED
Texas
See Similar DealsIndustrial45,406 SF
Leased 11/22/2024
LEASED
Crow Holdings Leases 45406 Square Feet Industrial Space To Pepperidge Farm In Richardson
1405 East Lookout Drive
See Similar DealsIndustrial45,406 SF
Leased 11/22/2024
Summary
TEXAS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:45,406 SF
Transaction Type:Lease
1405 East Lookout Drive in Richardson is an industrial asset encompassing 45,406 square feet. The property is situated in a northeastern Dallas suburb, contributing to its strategic location within the market.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Square Footage: 45,406
- Address: 1405 East Lookout Drive
- Market: Richardson
- Landlord: Crow Holdings
- Tenant: Pepperidge Farm
- Landlord's Representative: Blake Troiani, Josh Barnes & Weston Porter - Holt Lunsford Commercial
- Tenant's Representative: Michael Paine - Cushman & Wakefield
Representing the landlord in this transaction were Blake Troiani, Josh Barnes, and Weston Porter from Holt Lunsford Commercial, while the tenant was represented by Michael Paine of Cushman & Wakefield, highlighting the collaborative effort in securing the lease for Pepperidge Farm.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$2,602,644.52
Total Lease Value
$26,026,445.20
Net Landlord Cash Flow$2,602,644.52
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