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Reliant Air Conditioning Expands Lease At 3250 Story Road W In Irving With Prologis

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LEASED

Texas

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Industrial64,134 SF
Leased 08/22/2024
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LEASED

Reliant Air Conditioning Expands Lease At 3250 Story Road W In Irving With Prologis

3250 Story Road West

See Similar Deals
Industrial64,134 SF
Leased 08/22/2024
Contact now

Summary

TEXAS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:64,134 SF
Transaction Type:Lease

The industrial property located at 3250 Story Road West in Irving spans a total area of 64,134 square feet. It is owned by Prologis, which operates a 96,200-square-foot industrial building in the area. The property is situated in a market that supports its industrial asset type, catering specifically to the needs of its tenants.

Summary of transaction details:

Lee & Associates facilitated a lease expansion for Reliant Air Conditioning at the mentioned property. The transaction highlights the collaboration between various representatives, with Steve Trese and Wilson Brown representing the landlord Prologis through CBRE, while Nathan Denton acted on behalf of the tenant through Lee & Associates.

Players

Steve Trese
7 deals
BROKER

Wilson Brown
CBRE
5 deals
BROKER

Nathan Denton
Lee & Associates
14 deals
BROKER

Details

LEASED
IMAGE: Hamid R. Moghadam, Steve Trese, Wilson Brown & Nathan Denton DATE: 08/22/2024 ADDRESS: 3250 Story Road West MARKET: Irving ASSET TYPE: Industrial ~ SF: 64,134 LANDLORD: Hamid R. Moghadam - Prologis (@Prologis) TENANT: Reliant Air Conditioning LANDLORD'S REP: Steve Trese & Wilson Brown - CBRE (@CBRE) TENANT'S REP: Nathan Denton - Lee & Associates (@LeeAssociatesRE) NOTE: Lee & Associates secured a 64,134-square-foot lease expansion for Reliant Air Conditioning at 3250 Story Road W in Irving. Prologis, represented by CBRE, owns the 96,200-square-foot industrial building.

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Deal Type
Effective Rent (Annual)

$3,676,122.18

Total Lease Value

$36,761,221.79

Net Landlord Cash Flow$3,676,122.18