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
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