The property asset involved in the transaction is an industrial facility located at 3782 Reese Road in Rosenberg, TX. The total square footage of the asset is 72,761 SF, situated on a 10-acre site. STATS International has signed a lease agreement for the entire space, which includes all three buildings on the site for maintenance and manufacturing purposes.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: Not disclosed
• Address: 3782 Reese Road
• Market: Rosenberg
• Tenant: STATS International
• Landlord's Representative: Ryan Wasaff, Brad Berry & Cole Bercher - Welcome Group
• Tenant's Representative: Anthony Squillante & Drew Coupe - Avison Young

The negotiation of the lease involved representatives from both sides, with the landlord being represented in-house by Ryan Wasaff, Brad Berry, and Cole Bercher from Welcome Group, while the tenant, STATS International, was represented by Anthony Squillante and Drew Coupe from Avison Young, ensuring both parties were effectively represented in the agreement.