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Pilot Air Freight Leases 95071 Square Feet Industrial Space At 221 Southwestern Boulevard In Coppell
LEASED
Texas
See Similar DealsIndustrial95,071 SF
Leased 03/19/2025
LEASED
Pilot Air Freight Leases 95071 Square Feet Industrial Space At 221 Southwestern Boulevard In Coppell
221 Southwestern Boulevard
See Similar DealsIndustrial95,071 SF
Leased 03/19/2025
Summary
TEXAS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:95,071 SF
Transaction Type:Lease
The property involved in this transaction is a 95,071-square-foot industrial facility located at 221 Southwestern Boulevard in Coppell. The asset is newly built, with construction completed in 2024.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Address: 221 Southwestern Boulevard
- Market: Coppell
- Landlord: Ryan Hesch - ML Realty Partners
- Tenant: Pilot Air Freight
- Landlord's Representative: Jeremy Kelly & Lena Thomas - Stream Realty Partners
- Tenant's Representative: JM Priddy, Robert Tamillo & Jon Gorczyca - JLL
The transaction involved Pilot Air Freight signing a lease for the entire facility. JLL was responsible for representing the tenant in the negotiation, while Stream Realty Partners acted on behalf of the landlord, ML Realty Partners.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$5,449,412.35
Total Lease Value
$54,494,123.50
Net Landlord Cash Flow$5,449,412.35
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