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GPK Products Inc Leases 31750 Square Feet At Marsh Business Park West In Carrollton

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LEASED

Texas

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Industrial31,750 SF
Leased 11/18/2024
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LEASED

GPK Products Inc Leases 31750 Square Feet At Marsh Business Park West In Carrollton

2727 Realty Road

See Similar Deals
Industrial31,750 SF
Leased 11/18/2024
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Summary

TEXAS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:31,750 SF
Transaction Type:Lease

The property asset involved in this transaction is a 31,750 square feet industrial space located at 2727 Realty Road in Carrollton. The asset is part of the Marsh Business Park West, a 10-building industrial portfolio totaling 636,725 square feet, owned by GKI Industrial Dallas LLC. The facility is significant as it marks GPK Products Inc.'s first distribution center in Texas and achieves full occupancy for the business park.

Summary of transaction details:

The deal involved key representatives from both the landlord and tenant sides. Brian Pafford of Bradford Commercial Real Estate Services represents GKI Industrial Dallas LLC, while John Paul Floyd from CBRE represents GPK Products Inc. This transaction not only highlights the demand for industrial space in the area but also contributes to the overall occupancy success of Marsh Business Park West.

Players

Brian Pafford
26 deals
BROKER

John Paul Floyd
CBRE
2 deals(806) 773-5020
BROKER

Details

LEASED
IMAGE: Brian Pafford & John Paul Floyd DATE: 11/18/2024 ADDRESS: 2727 Realty Road MARKET: Carrollton ASSET TYPE: Industrial ~ SF: 31,750 LANDLORD: GKI Industrial Dallas LLC TENANT: GPK Products Inc LANDLORD'S REP: Brian Pafford - Bradford Commercial Real Estate Services (@BradfordCompanies) TENANT'S REP: John Paul Floyd - CBRE (@CBRE) NOTE: GPK Products Inc. has leased 31,750 square feet at Marsh Business Park West in Carrollton, marking its first Texas distribution center and bringing the park to full occupancy. The 10-building, 636,725-square-foot industrial portfolio, owned by GKI Industrial Dallas LLC, continues to see high demand, with less than 5,000 square feet available across its sister property, Marsh Business Park East.

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Deal Type
Effective Rent (Annual)

$1,819,890.84

Total Lease Value

$18,198,908.41

Net Landlord Cash Flow$1,819,890.84