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Owens Corning Signs 292680 Square Foot Industrial Lease At Core45 In Wilmer Texas

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LEASED

Texas

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Industrial292,680 SF
Leased 09/27/2024
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LEASED

Owens Corning Signs 292680 Square Foot Industrial Lease At Core45 In Wilmer Texas

1690 East Pleasant Run Road

See Similar Deals
Industrial292,680 SF
Leased 09/27/2024
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Summary

TEXAS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:292,680 SF
Transaction Type:Lease

The property involved in this transaction is an industrial asset located at 1690-1700 East Pleasant Run Road in Wilmer, Texas. The total square footage of the property is 292,680, and it is part of the Core45 development, which encompasses two buildings totaling 1.6 million square feet.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not specified
  • Address: 1690-1700 East Pleasant Run Road
  • Market: Wilmer
  • Landlord: Grandview Partners
  • Tenant: Owens Corning
  • Landlord's Representative: Luke Davis, Matt Dornak & Ridley Culp - Stream Realty Partners
  • Tenant's Representative: CBRE

The lease was signed by Owens Corning for the aforementioned industrial space, with Grandview Partners acting as the landlord. Ridley Culp, Luke Davis, and Matt Dornak represented the landlord through Stream Realty Partners, while CBRE was responsible for representing the tenant, Owens Corning.

Players

Matt Dornak
15 deals(512) 633-0709
BROKER

Luke Davis
Stream Realty Partners⁠
5 deals
BROKER

Ridley Culp
Stream Realty Partners⁠
2 deals
BROKER

Details

LEASED
IMAGE: Luke Davis, Matt Dornak & Ridley Culp DATE: 09/27/2024 ADDRESS: 1690-1700 East Pleasant Run Road MARKET: Wilmer ASSET TYPE: Industrial ~ SF: 292,680 LANDLORD: Grandview Partners TENANT: Owens Corning LANDLORD'S REP: Luke Davis, Matt Dornak & Ridley Culp - Stream Realty Partners⁠ (@StreamRealtyPartners) TENANT'S REP: CBRE (@CBRE) NOTE: Owens Corning has signed a 292,680-square-foot industrial lease at Core45 in Wilmer, Texas, part of a two-building, 1.6 million-square-foot development. The landlord, Grandview Partners, was represented by Ridley Culp, Luke Davis, and Matt Dornak of Stream Realty Partners, while CBRE represented Owens Corning. ⁠

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Deal Type
Effective Rent (Annual)

$16,776,240.98

Total Lease Value

$167,762,409.84

Net Landlord Cash Flow$16,776,240.98