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Deugro Signs 164640 SF Industrial Lease At 2828 FM 1405 In Baytown With Partners Real Estate
LEASED
Texas
See Similar DealsIndustrial164,640 SF
Leased 02/06/2025
LEASED
Deugro Signs 164640 SF Industrial Lease At 2828 FM 1405 In Baytown With Partners Real Estate
Fm 1405
See Similar DealsIndustrial164,640 SF
Leased 02/06/2025
Summary
TEXAS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:164,640 SF
Transaction Type:Lease
The property asset involved in this transaction is an industrial building located at 2828 FM 1405 in the Baytown market. It spans 164,640 square feet and is situated on a 47-acre site within the Cedar Port Industrial Park. This cross-dock facility features 214 doors and offers 1,000 trailer positions.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 2828 FM 1405
- Market: Baytown
- Landlord: Howard Wedren - Dayton Street Partners
- Tenant: Klaus Strahmann - Deugro
- Brokers: Chris Haro, Zane Carman & Gray Gilbert - Partners Real Estate
Partners Real Estate facilitated the lease transaction for Deugro, securing a significant space in the Baytown area. The deal underscores the involvement of key industry professionals, such as Howard Wedren representing the landlord and Klaus Strahmann representing the tenant.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$9,437,065.45
Total Lease Value
$94,370,654.49
Net Landlord Cash Flow$9,437,065.45
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