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Southwire Leases 1.2M SF Industrial Space At AllianceTexas- Sean Boswell & Chris Teesdale Reps Tenant

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LEASED
Samuel Rhea
Reid Goetz
+ 3

Texas

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Industrial1,200,000 SF
Leased 07/28/2023
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Property Image
LEASED

Southwire Leases 1.2M SF Industrial Space At AllianceTexas- Sean Boswell & Chris Teesdale Reps Tenant

14800 Blue Mound Rd Fort Worth, Tx 76177, Usa

See Similar Deals
Industrial1,200,000 SF
Leased 07/28/2023
Samuel Rhea
Reid Goetz
+ 3
Contact now

Summary

TEXAS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:1,200,000 SF
Transaction Type:Lease

Southwire, a wire and cable manufacturer, leased a 1.2 million-square-foot space at AllianceTexas in North Fort Worth. The property is located at 14800 Blue Mound Road and is classified as an industrial asset. The lease was completed on July 28, 2023.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: Not Available
  • Square Footage: 1,200,000
  • Address: 14800 Blue Mound Road
  • Market: Fort Worth

Hillwood, represented by Reid Goetz, Samuel Rhea, and Jack Barkley, served as the landlord for this lease. Meanwhile, Southwire was represented by Sean Boswell and Chris Teesdale from Colliers. The lease allowed Southwire to expand Alliance Westport 25 to meet their specific requirements. Hillwood and Colliers played crucial roles in facilitating the lease transaction.

Players

Chris Teesdale
4 deals
BROKER

Samuel Rhea
Hillwood
3 deals
BROKER

Reid Goetz
Hillwood
3 deals
BROKER

Jack Barkley
Hillwood
2 deals(817) 224-6037
BROKER


Details

LEASED
IMAGE: Sean Boswell, Chris Teesdale & Ross Perot Jr DATE: 07/28/2023 ADDRESS: 14800 Blue Mound Road MARKET: Fort Worth ASSET TYPE: Industrial ~ SF: 1,200,000 LANDLORD: Hillwood - Ross Perot Jr. TENANT: Southwire (@SouthWire) LANDLORD'S REP: Reid Goetz, Samuel Rhea & Jack Barkley - Hillwood TENANT'S REP: Sean Boswell & Chris Teesdale - Colliers (@ColliersInternational) NOTE: Southwire, a wire and cable manufacturer, leased a 1.2 million-square-foot space at AllianceTexas in North Fort Worth, expanding Alliance Westport 25 to meet their requirements. Colliers represented Southwire, and Hillwood represented the landlord.

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Deal Type
Effective Rent (Annual)

$68,783,275.87

Total Lease Value

$687,832,758.69

Net Landlord Cash Flow$68,783,275.87