Jackson-Shaw Leases 31458 Square Feet At 2920 Telecom Pkwy Richardson With Josh Barnes As Landlord's Rep
LEASED
Texas
See Similar DealsIndustrial31,458 SF
LEASED
Jackson-Shaw Leases 31458 Square Feet At 2920 Telecom Pkwy Richardson With Josh Barnes As Landlord's Rep
2920 Telecom Pkwy, Richardson, TX...
See Similar DealsIndustrial31,458 SF
Summary
TEXAS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:31,458 SF
Transaction Type:Lease
The property asset involved in this transaction is located at 2920 Telecom Pkwy, Richardson, TX. This lease covers a total area of 31,458 square feet within the industrial development known as Parc NorthEast, situated in the Richardson market. It is part of a larger 434,640-square-foot industrial project developed by Jackson-Shaw.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 2920 Telecom Pkwy, Richardson, TX
- Square Feet: 31,458
- Market: Richardson
- Landlord: Jackson-Shaw
- Landlord's Representative: Josh Barnes (Holt Lunsford Commercial)
- Tenant: Section Stack
The deal involved Jackson-Shaw, a locally based developer, leasing space to Section Stack, a garage door provider. Josh Barnes represented Jackson-Shaw during the lease negotiations for this property.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$1,803,153.58
Total Lease Value
$18,031,535.77
Net Landlord Cash Flow$1,803,153.58
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