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Bob Mills Furniture Leases 114,396 SF Industrial Space In Schertz Corporate Center

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LEASED

Texas

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Industrial114,396 SF
Leased 06/24/2024
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LEASED

Bob Mills Furniture Leases 114,396 SF Industrial Space In Schertz Corporate Center

17975 Interstate 35 North

See Similar Deals
Industrial114,396 SF
Leased 06/24/2024
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Summary

TEXAS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:114,396 SF
Transaction Type:Lease

Located at 17975 Interstate 35 North in Schertz, the industrial property spans 114,396 square feet. PV Shertz LLC served as the landlord, entering into a lease agreement with Bob Mills Furniture, marking the renowned furniture retailer's ninth location in Texas and twelfth nationwide.

Summary of transaction details:

Joe Simmons of Aquila Commercial represented the landlord, PV Shertz LLC, while Bob Mills Furniture was represented by Eva Horton and Stewart Skloss from Newmark in securing this significant 114,396-square-foot lease in Schertz. The space, situated within the Schertz Corporate Center, includes retail showroom space and aligns with the expansion strategy of Bob Mills Furniture, a well-established player in the furniture retail industry.

Players

Eva Horton
1 deal(713) 599-5188
BROKER

Stewart Skloss
Newmark
2 deals$7.6M volume
BROKER

Details

LEASED
IMAGE: Joe Simmons, Eva Horton & Stewart Skloss DATE: 06/24/2024 ADDRESS: 17975 Interstate 35 North MARKET: Schertz ASSET TYPE: Industrial ~ SF: 114,396 LANDLORD: PV Shertz LLC TENANT: Bob Mills Furniture LANDLORD'S REP: Joe Simmons - Aquila Commercial TENANT'S REP: Eva Horton & Stewart Skloss - Newmark (@Newmark) NOTE: Bob Mills Furniture has secured a 114,396-square-foot industrial lease in Schertz, a suburb of San Antonio. The space, part of the Schertz Corporate Center, features retail showroom space and marks Bob Mills Furniture's ninth location in Texas and 12th nationwide.

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Deal Type
Effective Rent (Annual)

$6,557,109.69

Total Lease Value

$65,571,096.89

Net Landlord Cash Flow$6,557,109.69