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Neveon USA Leases Industrial Space At 2501 Gravel Dr, Fort Worth

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LEASED

Texas

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Industrial50,000 SF
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LEASED

Neveon USA Leases Industrial Space At 2501 Gravel Dr, Fort Worth

2501 Gravel Dr, Fort Worth, TX, 76118

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Industrial50,000 SF
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Summary

TEXAS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:50,000 SF
Transaction Type:Lease

The industrial property located at 2501 Gravel Dr in Fort Worth, TX, 76118, has been leased by Neveon USA. The 50,000-square-foot space is situated in Riverbend Business Park, which comprises 32 buildings totaling approximately 1.4 million square feet.

Summary of transation details:

  • Property Type: Industrial
  • Transaction Amount: Not Applicable
  • Tenant: Neveon USA
  • Landlord: Riverbend Properties
  • Square Feet: 50,000
  • Tenant's Rep: Louis Pascuzzi (Newmark)
  • Landlord's Rep: William Wilson and George Jennings (Holt Lunsford Commercial)

Louis Pascuzzi of Newmark represented the tenant, Neveon USA, in the industrial lease agreement at Riverbend Business Park. On the landlord side, the negotiations were handled by William Wilson and George Jennings of Holt Lunsford Commercial, who represented Riverbend Properties in the transaction.

Players

Louis Pascuzzi
7 deals
BROKER

LANDLORD

Details

LEASED
IMAGE: 2501 Gravel Dr, Fort Worth, TX, 76118 MARKET: Fort Worth ASSET TYPE: Industrial TENANT'S REP: Louis Pascuzzi(Newmark) TENANT: Neveon USA LANDLORD: Riverbend Properties SQUARE FEET: 50000

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Deal Type
Effective Rent (Annual)

$2,865,969.83

Total Lease Value

$28,659,698.28

Net Landlord Cash Flow$2,865,969.83