Elbi Of America LP Leases 42979 Square Feet At 15882 Diplomatic Plaza Dr, Houston
LEASED
Texas
See Similar DealsIndustrial42,979 SF
LEASED
Elbi Of America LP Leases 42979 Square Feet At 15882 Diplomatic Plaza Dr, Houston
15882 Diplomatic Plaza Dr, Houston...
See Similar DealsIndustrial42,979 SF
Summary
TEXAS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:42,979 SF
Transaction Type:Lease
The transaction involved a 42,979-square-foot industrial lease renewal located at 15882 Diplomatic Plaza Drive in Houston. This property is currently utilized by Elbi of America LP, which specializes in manufacturing water storage, heating, and treatment systems.
Summary of transaction details:
- Property Type: Industrial Lease
- Transaction Amount: Not Disclosed
- Tenant: Elbi of America LP
- Tenant's Representative: Doc Perrier - Finial Group
- Landlord: Unknown
- Landlord's Representative: Dayne Wunderlich - InSite Realty Partners LP
- Square Feet: 42,979
Doc Perrier and Jack Parsons from Finial Group were responsible for representing Elbi of America LP during the lease negotiations. Dayne Wunderlich of InSite Realty Partners LP represented the landlord in this transaction, who remains undisclosed.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$2,463,530.34
Total Lease Value
$24,635,303.45
Net Landlord Cash Flow$2,463,530.34
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