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SRS Distribution Inc. Inks Lease With At 19054 Kenswick Drive

Property Image
LEASED
Robert Alinger
Wesley (Wes) Williams
Will Clay
+ 1

Texas

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Industrial52,015 SF
Leased 04/05/2024
the dealplayerscompscontact
Property Image
LEASED

SRS Distribution Inc. Inks Lease With At 19054 Kenswick Drive

19054 Kenswick Drive

See Similar Deals
Industrial52,015 SF
Leased 04/05/2024
Robert Alinger
Wesley (Wes) Williams
Will Clay
+ 1
the dealplayerscompscontact
Contact now

Summary

TEXAS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:52,015 SF
Transaction Type:Lease

The industrial property involved in the lease transaction is located at 19054 Kenswick Drive in Houston, spanning 52,015 square feet. The landlord of the property is Bertling Logistics, and the tenant is Dan R. Tinker of SRS Distribution Inc.

Summary of transaction details:

Colliers International played a significant role in securing the full building lease for the 52,015 square foot property at 19054 Kenswick Drive. Wes Williams of Colliers emphasized the collaborative effort involved in the deal, particularly highlighting the property's uniqueness within the airport market.

Players

Wesley (Wes) Williams
Colliers
Wesley Williams
8 deals
BROKER
Robert Alinger
Colliers
Robert Alinger
2 deals
BROKER
Will Clay
JLL
Will Clay
2 deals(713) 425-1810
BROKER
Sarah Pickup
JLL
Sarah Pickup
1 deal(203) 705-2246
BROKER

Details

LEASED
IMAGE: Dan R. Tinker, Robert Alinger, Wesley Williams, Sarah Pickup & Will Clay DATE: 04/05/2024 ADDRESS: 19054 Kenswick Drive MARKET: Houston ASSET TYPE: Industrial ~ SF: 52,015 LANDLORD: Bertling Logistics TENANT: Dan R. Tinker - SRS Distribution Inc. (@SRS.Distribution.Inc) LANDLORD'S REP: Robert Alinger & Wesley Williams - Colliers International (@ColliersInternational) TENANT'S REP: Sarah Pickup (@SarahPickup) & Will Clay - JLL (@JLL) NOTE: Colliers secured a full building lease for a 52,015 SF property at 19054 Kenswick Dr. in Humble, TX, with Bertling Logistics as the landlord and SRS Distribution Inc. as the tenant, represented by JLL. Wes Williams of Colliers emphasized the collaborative effort behind the deal, highlighting the property's uniqueness in the airport market.

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Deal Type
Effective Rent (Annual)

$2,981,468.41

Total Lease Value

$29,814,684.12

Net Landlord Cash Flow$2,981,468.41