Tangram Interiors Leases 109744 Square Feet Industrial Space At 301 Southwestern Boulevard In Coppell
301 Southwestern Boulevard
Building Size
109,744 SF
Asset Type
Industrial
Closing
Mar 18, 2025
AI
The property involved in this transaction is a newly built industrial facility located at 301 Southwestern Boulevard in Coppell. The asset has a total square footage of 109,744 and features 32-foot clear heights along with 34 dock-high doors, making it suitable for industrial operations.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Address: 301 Southwestern Boulevard
- Market: Coppell
- Landlord: Ryan Hesch - ML Realty Partners
- Tenant: Joe Lozowski - Tangram Interiors
- Landlord's Representative: Jeremy Kelly & Lena Thomas - Stream Realty Partners
- Tenant's Representative: John Paul Floyd, Seth Kelly & Travis Sapaugh - CBRE
Tangram Interiors has signed a lease for the industrial space, with the negotiation handled by Stream Realty Partners on behalf of landlord ML Realty Partners. The tenant's interests were represented by CBRE, showcasing a collaboration among several industry professionals to complete this transaction.
Players
Coppell Industrial Market Snapshot
Boundary boundary · Industrial · Lease transactions
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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