JD Fields & Co. Leases 133,125 SF Industrial Space From Watco In Houston
LEASED
+ 1
Texas
See Similar DealsIndustrial133,125 SF
Leased 05/25/2022
LEASED
JD Fields & Co. Leases 133,125 SF Industrial Space From Watco In Houston
1755 Federal Road, Houston, Texas 77015, United States
See Similar DealsIndustrial133,125 SF
Leased 05/25/2022
+ 1
Summary
TEXAS
Asset Type:Industrial
Total Square Footage:133,125 SF
Transaction Type:Lease
An industrial property located at 1755 Federal Rd in Houston has been leased to JD Fields & Co. The property spans 133,125 square feet and is owned by Watco. The lease transaction was facilitated by brokers Steve Pastor from NAI James E. Hanson and Gray Gilbert, Chris Haro, and Jack Gilbert from NAI Partners.
Summary of transation details
- Property Type: Industrial
- Transaction Amount: N/A
- Address: 1755 Federal Rd, Houston
- Market: Houston
- Asset Type: Industrial
- Square Footage: 133,125
The lease of the industrial property at 1755 Federal Rd was arranged by brokers Steve Pastor from NAI James E. Hanson and Gray Gilbert, Chris Haro, and Jack Gilbert from NAI Partners. This transaction demonstrates the collaboration between the landlord, Watco, and JD Fields & Co., the tenant.
Players
TENANT
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$7,630,644.67
Total Lease Value
$76,306,446.67
Net Landlord Cash Flow$7,630,644.67
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