Elements Sleep Leases Industrial Space In Mesquite To Urban Logistics Realty
LEASED
Texas
See Similar DealsIndustrial177,473 SF
Leased 08/12/2021
LEASED
Elements Sleep Leases Industrial Space In Mesquite To Urban Logistics Realty
1475 Republic Pkwy, Mesquite, TX, USA
See Similar DealsIndustrial177,473 SF
Leased 08/12/2021
Summary
TEXAS
Asset Type:Industrial
Total Square Footage:177,473 SF
Transaction Type:Lease
The industrial property located at 1475 Republic Pkwy in Mesquite has been leased in a recent transaction. The property spans approximately 177,473 square feet, offering ample space for industrial operations.
Summary of transaction details
- Property Type: Industrial
- Transaction Date: 08/12/2021
- Address: 1475 Republic Pkwy
- Market: Mesquite
- Tenant: Elements Sleep
- Landlord: Urban Logistics Realty
- Tenant's Representative: CBRE
- Landlord's Representatives: Matt Dornak & Blake Kendrick - Stream Realty Partners
The deal was facilitated by CBRE as the tenant's representative, ensuring that Elements Sleep's interests were represented during the leasing process. On the other side, Matt Dornak and Blake Kendrick from Stream Realty Partners acted as the landlord's representatives, working on behalf of Urban Logistics Realty. The transaction reflects a successful lease agreement for the industrial property.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$10,172,645.27
Total Lease Value
$101,726,452.65
Net Landlord Cash Flow$10,172,645.27
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