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Southwest Networks Inc. And Airport Lighting Systems Inc. Lease 25,765 SF In Irving
LEASED
+ 1
Texas
See Similar DealsIndustrial51,530 SF
Leased 08/26/2024
LEASED
Southwest Networks Inc. And Airport Lighting Systems Inc. Lease 25,765 SF In Irving
3251 Story Road West & 3245 Story Road West
See Similar DealsIndustrial51,530 SF
Leased 08/26/2024
+ 1
Summary
TEXAS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:51,530 SF
Transaction Type:Lease
The transaction involves an industrial asset located at 3251 Story Road West & 3245 Story Road West in the Irving market, encompassing a total of 25,765 square feet. The property is leased by Las Colinas AAA Investment LLC to Southwest Networks Inc. and Airport Lighting Systems Inc.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 3251 Story Road West & 3245 Story Road West
- Market: Irving
- Square Footage: 25,765
- Landlord: Las Colinas AAA Investment LLC
- Tenant 1: Southwest Networks Inc. (12,888 square feet)
- Tenant 2: Airport Lighting Systems Inc. (12,877 square feet)
- Landlord's Representative: Brian Pafford - Bradford Commercial Real Estate Services
- Tenant's Representatives: Canon Shoults, Maddy Coffman & Trey Goodspeed - Holt Lunsford Commercial
Bradford Commercial Real Estate Services successfully secured two headquarters leases for the remaining 25,765 square feet at Las Colinas Distribution Center 5. Maddy Coffman and Canon Shoults represent Southwest Networks Inc., while Trey Goodspeed represents Airport Lighting Systems Inc. in this transaction.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$2,953,668.50
Total Lease Value
$29,536,685.05
Net Landlord Cash Flow$2,953,668.50
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