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200 Northpoint Dr, Coppell,...

Hart & Cooley Leases Industrial Space At 200 Northpoint Drive In Coppell
LEASEDIndustrial

Hart & Cooley Leases Industrial Space At 200 Northpoint Drive In Coppell

200 Northpoint Dr, Coppell, TX 75019, USA

Building Size

1,522,740 SF

Asset Type

Industrial

Closing

Jun 1, 1920

AI

The industrial property located at 200 Northpoint Drive in Coppell, Dallas has been leased. The transaction took place on June 2, 2020. The property spans an area of 152,274 square feet.

Summary of transaction details

The deal involved Hart & Cooley, represented by Bernard Roy, as the tenant. The property was leased from Clarion Partners, with David Gilbert acting as the landlord. The transaction was facilitated by CBRE, with Brian Gilchrist and Tim Vogds, as well as Stream Realty Partners. The deal was successfully completed with a total area of 152,274 square feet at 200 Northpoint Drive in Coppell, Dallas.

Players

Brian Gilchrist

CBRE

Broker

7 deals

Broker
Clarion Partners
Clarion PartnersLender
David Gilbert

David Gilbert

Clarion Partners

Landlord

$1.9B

vol

28 deals

Landlord

Coppell Industrial Market Snapshot

Boundary boundary · Industrial · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93