Custom Ink Leases 90,200 SF Industrial Space In Fort Worth With Chris Stout - JLL Representing Tenant And Blake Kendrick & Mac Hall - Stream Realty Partners Representing Landlord
1600 North Lakeside Drive, Fort Worth, TX, USA
Building Size
90,200 SF
Asset Type
Industrial
Closing
Nov 12, 2020
AI
An industrial property located at 1600 Lakeside Parkway in Fort Worth has been leased. The property consists of 90,200 square feet of space. The lease transaction took place on November 13, 2020.
Summary of transaction details
- Property Type: Industrial
- Tenant: Custom Ink
- Landlord: Stockbridge
- Square Footage: 90,200
- Address: 1600 Lakeside Parkway, Fort Worth
- Market: Fort Worth
The tenant, Custom Ink, secured the lease agreement for the industrial property. The landlord, Stockbridge, facilitated the transaction. Chris Stout from JLL represented Custom Ink as their tenant's representative. On the other hand, Blake Kendrick and Mac Hall from Stream Realty Partners represented the landlord, Stockbridge, in the deal.
Players
Fort Worth 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