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3101 Pinewood Dr, Arlington...

Updated Oct 29, 2024

M2G Ventures Leases 3101 Pinewood Dr Industrial Property In Arlington
LEASEDIndustrial

M2G Ventures Leases 3101 Pinewood Dr Industrial Property In Arlington

3101 Pinewood Dr, Arlington, TX, 76010

Building Size

100,130 SF

Asset Type

Industrial

Closing

Apr 15, 2022

About this deal

AI

The industrial property located at 3101 Pinewood Dr, Arlington, TX, 76010, encompassing 100,130 square feet, was leased to a tech company. M2G Ventures, the landlord, facilitated the lease transaction with the assistance of Stream Realty Partners and CBRE.

Summary of transation details:

  • Property Type: Industrial
  • Transaction Amount: Not specified
  • Landlord: M2G Ventures
  • Tenant: Unknown
  • Address: 3101 Pinewood Dr, Arlington, TX, 76010
  • Market: Arlington
  • Square Feet: 100,130
  • Landlord's Rep: Luke Davis (Stream Realty Partners)
  • Tenant's Rep: CBRE

Stream Realty Partners, with Luke Davis and Mike Knudsen, represented the landlord in the negotiations. On the other side, CBRE was the tenant's representative, with Steve Koldyke and Brian Gilchrist playing key roles in the deal. The Dallas-Fort Worth industrial market experienced substantial growth in the first quarter, with a notable decrease in the overall vacancy rate.

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Industrial

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Players

Luke Davis

Stream Realty Partners⁠

Broker

5 deals

Broker
M2G Ventures
M2G VenturesLandlord
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Arlington 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

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