LEASEDIndustrial
Outdoor Wireless Networks LLC Signs 42,362 Square Foot Lease At 2601 Telecom Parkway In Richardson TX
2601 Telecom Parkway
Building Size
42,362 SF
Asset Type
Industrial
Closing
Jun 16, 2026
AI
The property involved in this transaction is an industrial asset located at 2601 Telecom Parkway in Richardson, TX. The asset spans a total of 42,362 square feet and is part of a larger 434,640-square-foot four-building industrial development in the Dallas suburb.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Address: 2601 Telecom Parkway
- Market: Richardson, TX
- Asset Size: 42,362 SF
- Landlord: GID Investment Advisors
- Tenant: Outdoor Wireless Networks LLC
- Landlord's Representative: Josh Barnes, Blake Troiani & Weston Porter - Holt Lunsford Commercial
- Tenant's Representative: Mike Kay - Colliers
Outdoor Wireless Networks LLC has signed a lease for the industrial space at Parc North East, facilitated by Mike Kay from Colliers, who represented the tenant. The landlord, GID Investment Advisors, was represented by a team from Holt Lunsford Commercial including Josh Barnes, Blake Troiani, and Weston Porter in this leasing transaction.
Players
Saint Clair 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