facebook

traded

+ Submit
Home

/

Deals

/

Texas

/

Industrial

/

Lease

/

2829 Merrell Rd, Dallas, TX...

CKS Packaging Inc. Leases 50,560 SF Industrial Space In Northwest Dallas
LEASEDIndustrial

CKS Packaging Inc. Leases 50,560 SF Industrial Space In Northwest Dallas

2829 Merrell Rd, Dallas, TX 75229, USA

Building Size

50,560 SF

Asset Type

Industrial

Closing

Jun 7, 1920

AI

CKS Packaging Inc. has leased a 50,560 square foot industrial property located at 2829 Merrell Road in Northwest Dallas. The landlord for this transaction is Gillis Thomas LP, represented by Don Conlon. The tenant, represented by John Sewell, secured the lease through Stream Realty Partners, with Ryan Boozer and Lena Pierce acting as the brokers.

Summary of transation details

  • Property Type: Industrial
  • Transaction Amount: Not available
  • Tenant: CKS Packaging Inc. - John Sewell
  • Landlord: Gillis Thomas LP - Don Conlon
  • Broker: Stream Realty Partners - Ryan Boozer & Lena Pierce

This lease transaction adds CKS Packaging Inc. to the industrial market in Northwest Dallas. It was facilitated by the collaboration of John Sewell as the tenant's representative and Don Conlon as the landlord's representative. Stream Realty Partners, with brokers Ryan Boozer and Lena Pierce, played a crucial role in bringing the parties together for this deal.

Players

Lena Pierce

Stream Realty Partners⁠

Broker

8 deals

Broker

Dallas Industrial Market Snapshot

Boundary boundary · Industrial · Lease transactions

Loading comparables…

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