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Lee & Associates Facilitates 26,082 SF Industrial Lease In Arlington For EastGroup Properties Inc And US Elogistics Service Corp
LEASED
+ 1
Texas
See Similar DealsIndustrial26,082 SF
Leased
LEASED
Lee & Associates Facilitates 26,082 SF Industrial Lease In Arlington For EastGroup Properties Inc And US Elogistics Service Corp
Industrial26,082 SF
Leased
+ 1
Summary
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:26082 SF
Transaction Type:Lease
Lee & Associates facilitated a 26,082-square-foot industrial lease in Arlington. The property, located at 2030 East Arbrook Boulevard, is owned by EastGroup Properties Inc and represented by Donald F. Colleran. The tenant, US Elogistics Service Corp, was represented by Nick Wu. The transaction took place on October 10, 2023. The property is classified as an industrial asset and is situated in the Arlington market.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: Not applicable
- Square Footage: 26,082
- Address: 2030 East Arbrook Boulevard
- Market: Arlington
- Landlord: EastGroup Properties Inc - Donald F. Colleran
- Tenant: US Elogistics Service Corp - Nick Wu
The lease deal was brokered by Reid Bassinger and Michael Lee from Lee & Associates. Mark Graybill also represented the landlord, EastGroup Properties Inc. The details of the transaction were not provided.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$1,495,004.50
Total Lease Value
$14,950,045.01
Net Landlord Cash Flow$1,495,004.50
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