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1545 Crescent Dr, Carrollto...

DGM Services Inc Leases 69,590 SF Industrial Space In Carrollton, TX
LEASEDIndustrial

DGM Services Inc Leases 69,590 SF Industrial Space In Carrollton, TX

1545 Crescent Dr, Carrollton, TX, 75006

Building Size

69,590 SF

Asset Type

Industrial

Closing

Nov 22, 2023

AI

The industrial property located at 1545 Crescent Dr in Carrollton, TX, 75006, spans 69,590 square feet. This facility served as the backdrop for the lease signed by packing and crating firm DGM Services Inc. LoopNet Inc indicates that the property was constructed in 2021.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not specified
  • Market: Carrollton
  • Tenant: DGM Services Inc
  • Landlord: TA Realty
  • Tenant's Rep: Steve Berger (CBRE)
  • Landlord's Rep: Andrew Gilbert and Keaton Brice (Holt Lunsford Commercial)

The lease negotiations for this industrial property were facilitated by Steven Berger of CBRE representing the tenant, DGM Services Inc. On the other side of the deal, the landlord, TA Realty, was represented by Andrew Gilbert and Keaton Brice from Holt Lunsford Commercial - bringing together key individuals to finalize the agreement.

Players

Steve Berger

CBRE

Broker

2 deals

Broker
TA Realty
TA RealtyLandlord

Carrollton Industrial Market Snapshot

Boundary boundary · Industrial · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93