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Jordan Wean Of Denholtz Properties Leases 31,760 SF To OTC Industrial Technologies In San Marcos

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LEASED
Carter Thurmond
Chase Clancy
Travis Hicks
+ 5

Texas

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Industrial31,760 SF
Leased 12/05/2024
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LEASED

Jordan Wean Of Denholtz Properties Leases 31,760 SF To OTC Industrial Technologies In San Marcos

1603 Clovis R. Barker Road

See Similar Deals
Industrial31,760 SF
Leased 12/05/2024
Carter Thurmond
Chase Clancy
Travis Hicks
+ 5
the dealplayerscompscontact
Contact now

Summary

TEXAS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:31,760 SF
Transaction Type:Lease

An industrial property measuring 31,760 square feet is located at 1603 Clovis R. Barker Road in the San Marcos market. This property is part of Clovis Crossing, a newly constructed industrial facility encompassing a total of 213,125 square feet.

Summary of transaction details:

This lease agreement was signed to facilitate OTC Industrial Technologies' expansion in the filtration division. The space will be utilized for the warehousing and distribution of industrial and HVAC filters.

Players

Carter Thurmond
Carter Thurmond
10 deals(210) 255-0644
BROKER
Chase Clancy
Colliers
Chase Clancy
2 deals(512) 317-3790
BROKER
Travis Hicks
Colliers
Travis Hicks
2 deals(512) 964-8434
BROKER
Nash Frisbie
Transwestern
Nash Frisbie
2 deals(512) 314-5204
BROKER
Bailey Sousa
Transwestern
Bailey Sousa
2 deals$6.6M volume(512) 314-3563
BROKER
Shane Woloshan
Colliers
Shane Woloshan
2 deals$89M volume(614) 410-5624
BROKER
Nolan Babb
Colliers
Nolan Babb
1 deal
BROKER
Michael Modesett
Colliers
Michael Modesett
1 deal(512) 539-3015
BROKER

Details

LEASED
IMAGE: IMAGE: Jordan Wean, Bill Canady, Bailey Sousa, Carter Thurmond, Nash Frisbie, Chase Clancy, Nolan Babb, Travis Hicks, Shane Woloshan & Michael Modesett DATE: 12/05/2024 ADDRESS: 1603 Clovis R. Barker Road MARKET: San Marcos ASSET TYPE: Industrial ~ SF: 31,760 LANDLORD: Jordan Wean - Denholtz Properties (@DenholtzProperties) TENANT: Bill Canady (@BillCanady2) - OTC Industrial Technologies (@OTCIndustrial) LANDLORD'S REP: Bailey Sousa (@Bailey.Sousa), Carter Thurmond & Nash Frisbie (@NashFrisbie)- Transwestern (@Transwestern) TENANT'S REP: Chase Clancy, Nolan Babb, Travis Hicks, Shane Woloshan & Michael Modesett (@MichaelJMod) - Colliers (@ColliersInternational) NOTE: Denholtz Properties signed a 31,760-square-foot lease with OTC Industrial Technologies at Clovis Crossing, a newly constructed 213,125-square-foot industrial property in San Marcos, TX. The lease will support OTC's filtration division's expansion, utilizing the space for warehousing and distribution of industrial and HVAC filters.

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Deal Type
Effective Rent (Annual)

$1,820,464.03

Total Lease Value

$18,204,640.35

Net Landlord Cash Flow$1,820,464.03