Prestige Autotech Leases 49,280 SF Industrial Space In Arlington
LEASED
Texas
See Similar DealsIndustrial49,280 SF
Leased
LEASED
Prestige Autotech Leases 49,280 SF Industrial Space In Arlington
2001 Exchange Drive, Arlington, Texas 76011, United States
See Similar DealsIndustrial49,280 SF
Leased
Summary
TEXAS
Asset Type:Industrial
Total Square Footage:49280 SF
Transaction Type:Lease
Located in Arlington, the industrial property at 2001-2023 Exchange Drive has recently been leased. Spanning 49,280 square feet, this spacious facility is suitable for various industrial purposes. The lease agreement was finalized on August 10, 2022.
Summary of Transaction Details
- Property Type: Industrial
- Lease Date: 08/10/2022
- Address: 2001-2023 Exchange Drive, Arlington
- Size: 49,280 square feet
Link Logistics Real Estate, the landlord, has leased the property to Prestige Autotech. Representing the landlord in this deal are Reed Parker and Mark Graybill from Lee & Associates. On the other hand, Greg Nelson and Jimmy Holcomb from Paladin Partners serve as the tenant's representatives. With this transaction, both parties have successfully navigated the lease agreement for the industrial property.
Players
LANDLORD
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$2,824,699.86
Total Lease Value
$28,246,998.62
Net Landlord Cash Flow$2,824,699.86
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