Peyton Poynter & Brooks Benkendorfer Facilitate Lease At 3813 Helios Way, Pflugerville
3813 Helios Way
Building Size
18,252 SF
Asset Type
Industrial
Closing
Apr 15, 2024
AI
The industrial property located at 3813 Helios Way in Pflugerville, spanning 18,252 square feet, has been leased by WGNStar, a semiconductor workforce solutions leader, to cater to the growing semiconductor industry in the area. The transaction was facilitated by Peyton Poynter representing the Tenant, WGNStar, and Brooks Benkendorfer representing the Landlord, Goldman Sachs.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not Provided
- Address: 3813 Helios Way
- Market: Pflugerville
- Tenant: WGNStar
- Landlord: Goldman Sachs
- Landlord's Representative: Brooks Benkendorfer - HPI Real Estate Services & Investments
- Tenant's Representative: Peyton Poynter - Park Realty
The new facility in the Pecan 130 Business Park will serve as a strategic location for WGNStar to expand its operations in the semiconductor sector. Brooks Benkendorfer, from HPI Real Estate Services & Investments, worked closely with Goldman Sachs, the Landlord, while Peyton Poynter, from Park Realty, negotiated on behalf of WGNStar, further solidifying the deal in Pflugerville, East of Austin.
Players
Pflugerville 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