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1600 North Lakeside Drive, ...

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
LEASEDIndustrial

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

Chris Stout

Broker

2 deals

Broker
Stockbridge
StockbridgeLandlord

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