Cushman & Wakefield Secures Lease For Pratt Industries Inc. At 1649 S Hwy 67 In Cedar Hill
LEASED
Texas
See Similar DealsIndustrial1,100,000 SF
Leased 04/14/2022
LEASED
Cushman & Wakefield Secures Lease For Pratt Industries Inc. At 1649 S Hwy 67 In Cedar Hill
1649 South Highway 67, Cedar Hill, Texas 75104, United States
See Similar DealsIndustrial1,100,000 SF
Leased 04/14/2022
Summary
TEXAS
Asset Type:Industrial
Total Square Footage:1,100,000 SF
Transaction Type:Lease
Pratt Industries Inc. has recently signed a lease agreement for an industrial property in Cedar Hill. The property, located at 1649 S Hwy 67, spans a total area of 1,100,000 square feet. The lease transaction was facilitated by Cushman & Wakefield, representing the tenant in the deal.
Summary of transaction details
- Property Type: Industrial
- Transaction Date: 04/14/2022
- Address: 1649 S Hwy 67
- Market: Cedar Hill
- Landlord: Hillwood - Todd Platt
- Tenant: Pratt Industries Inc.
- Broker: Cushman & Wakefield
The industrial property, leased by Pratt Industries Inc., offers ample space for their operations in the Cedar Hill market. Todd Platt, representing Hillwood, served as the landlord in the transaction. This lease agreement marks a significant milestone for both Pratt Industries Inc. and Hillwood, demonstrating their commitment to expanding business opportunities in Cedar Hill.
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$63,051,336.21
Total Lease Value
$630,513,362.13
Net Landlord Cash Flow$63,051,336.21
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