Updated Dec 4, 2024
Greenpath Mail Operations Leases 21,136 SF Industrial Space In Dallas
2616 Willowbrook Road
Building Size
21,136 SF
Asset Type
Industrial
Closing
Dec 4, 2023
About this deal
AI
Greenpath Mail Operations has leased a 21,136-square-foot industrial space located at 2616 Willowbrook Road in northwest Dallas. The property, owned by Warehouse Development Ltd, offers a suitable space for industrial operations. The lease transaction was completed on 12/04/2023.
Summary of transaction details
- Property Type: Industrial
- Transaction Date: 12/04/2023
- Address: 2616 Willowbrook Road, Dallas
- Square Footage: 21,136
Nathan Denton from Lee & Associates represented the landlord, Warehouse Development Ltd, in the lease negotiation. On the other hand, Greenpath Mail Operations was assisted by Brett Owens and Jack Brewer from Transwestern, along with Stephen Williamson from Lee & Associates. These representatives played a crucial role in ensuring the successful completion of the leasing deal.
Note: Both tenant and landlord were represented by Lee & Associates, and the tenant's interests were also represented by Transwestern during the negotiation.
On the Map
Industrial
View full map
Players
Willowbrook Industrial Market Snapshot
Boundary boundary · Industrial · Lease transactions
Loading comparables…
Deal FAQ
Browse Texas industrial leases on Traded.
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