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Dayton Superior Corp. Renews Lease For 51,101 SF Industrial Space In Fort Worth RiverPark Business Center

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LEASED
Caleb McCoy
Michael Spain
Jason Finch

Texas

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Industrial51,101 SF
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LEASED

Dayton Superior Corp. Renews Lease For 51,101 SF Industrial Space In Fort Worth RiverPark Business Center

15124 Grand River Road

See Similar Deals
Industrial51,101 SF
Leased
Caleb McCoy
Michael Spain
Jason Finch
the dealplayerscompscontact
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Summary

TEXAS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:51,101 SF
Transaction Type:Lease

Dayton Superior Corp. has renewed its lease for a 51,101-square-foot distribution center located at 15124 Grand River Road in Fort Worth's RiverPark Business Center. The property is an industrial asset with a long-term lease. The renewal was driven by the tight industrial vacancy in the area and the increase in market rates. This marks the company's third long-term renewal in the region.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: Not specified
  • Square Footage: 51,101
  • Address: 15124 Grand River Road
  • Market: Fort Worth

The landlord of the property is SCG River Park Business Center LP, while Dayton Superior Corp. serves as the tenant. Bradford Commercial Real Estate Services, represented by Michael Spain and Jason Finch, acted as the landlord's representatives in the lease deal. Caleb McCoy from JLL represented Dayton Superior Corp. as their tenant's representative.

Players

Michael Spain
Bradford Commercial Real Estate Services
Michael Spain
9 deals
BROKER
Jason Finch
Rich Young Company
Jason Finch
28 deals
BROKER
Caleb McCoy
JLL
Caleb McCoy
4 deals
BROKER
SL
SCG River Park Business Center LP
LANDLORD

Details

LEASED
IMAGE: Mark Carpenter, Michael Spain, Jason Finch & Caleb McCoy DATE: 10/02/2023 ADDRESS: 15124 Grand River Road MARKET: Fort Worth ASSET TYPE: Industrial ~ SF: 51,101 LANDLORD: SCG River Park Business Center LP TENANT: Dayton Superior Corp. - Mark Carpenter LANDLORD'S REP: Michael Spain & Jason Finch - Bradford Commercial Real Estate Services (@BradfordCompanies) TENANT'S REP: Caleb McCoy - JLL (@JLL) LEASE TERMS: long-term NOTE: Dayton Superior Corp. renewed its lease for a 51,101-square-foot distribution center in Fort Worth's RiverPark Business Center due to tight industrial vacancy and increased market rates. This marks the company's third long-term renewal in the area.

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Deal Type
Effective Rent (Annual)

$2,929,078.48

Total Lease Value

$29,290,784.83

Net Landlord Cash Flow$2,929,078.48