Basis Technologies Leases 4,200 SF Industrial Space In Addison, TX
LEASED
Texas
See Similar DealsIndustrial4,200 SF
LEASED
Basis Technologies Leases 4,200 SF Industrial Space In Addison, TX
16301 Quorum Dr, Addison, TX, 75001
See Similar DealsIndustrial4,200 SF
Summary
TEXAS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:4,200 SF
Transaction Type:Lease
The property asset involved in the transaction is an industrial space located at 16301 Quorum Drive, Addison, TX, 75001. The leased area spans 4,200 square feet within the market of Addison. The landlord information is currently unknown.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Unknown
- Square Feet: 4,200
- Market: Addison
- Tenant's Representative: Ryan Hoopes-Cushman & Wakefield
- Landlord: Unknown
Basis Technologies, a British tech firm, has relocated its North American headquarters from Vancouver to Dallas. In conjunction with this move, the firm is planning to hire 100 additional employees in the U.S. over the next five years, with Ryan Hoopes of Colliers representing the company in the lease negotiations.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$240,741.47
Total Lease Value
$2,407,414.66
Net Landlord Cash Flow$240,741.47
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