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GCP Paper USA Inc. Signs Lease For 235,845 SF Industrial Space At 14720 John F. Kennedy Boulevard In Houston

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LEASED
Eric Hughes
Craig Bean
+ 1

Texas

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Industrial235,845 SF
Leased 05/27/2020
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LEASED

GCP Paper USA Inc. Signs Lease For 235,845 SF Industrial Space At 14720 John F. Kennedy Boulevard In Houston

14720 John F Kennedy Boulevard, Houston, TX, USA

See Similar Deals
Industrial235,845 SF
Leased 05/27/2020
Eric Hughes
Craig Bean
+ 1
Contact now

Summary

TEXAS
Asset Type:Industrial
Total Square Footage:235,845 SF
Transaction Type:Lease

The industrial property located at 14720 John F. Kennedy Boulevard in Houston has been leased. The property has a size of 235,845 square feet and is owned by Holt Lunsford Commercial and GID Real Estate Investments. The lease was signed on May 27, 2021.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Date: May 27, 2021
  • Address: 14720 John F. Kennedy Boulevard, Houston
  • Size: 235,845 square feet
  • Tenant: GCP Paper USA Inc.
  • Landlord: Holt Lunsford Commercial & GID Real Estate Investments
  • Landlord's Representative: Craig Bean & John Kruse - Holt Lunsford Commercial
  • Tenant's Representative: Eric Hughes - Centermark Commercial Real Estate

The deal was facilitated by Eric Hughes from Centermark Commercial Real Estate, who represented the tenant, GCP Paper USA Inc. Craig Bean and John Kruse from Holt Lunsford Commercial acted as representatives for the landlords, Holt Lunsford Commercial and GID Real Estate Investments.

Players

Craig Bean
5 deals
BROKER

Eric Hughes
4 deals
BROKER

John Kruse
Cushman & Wakefield
5 deals
BROKER


2 deals
LANDLORD

Details

LEASED
IMAGE: Eric Hughes, Holt Lunsford, Gregory S. Bates, Craig Bean & John Kruse DATE: 05/27/2021 ADDRESS: 14720 John F. Kennedy Boulevard MARKET: Houston ASSET TYPE: Industrial SF: 235,845 TENANT: GCP Paper USA Inc. LANDLORD: Holt Lunsford Commercial & GID Real Estate Investments LANDLORD'S REP: Craig Bean & John Kruse - Holt Lunsford Commercial TENANT'S REP: Eric Hughes - Centermark Commercial Real Estate

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Deal Type
Effective Rent (Annual)

$13,518,493.08

Total Lease Value

$135,184,930.81

Net Landlord Cash Flow$13,518,493.08