New Thermo-Serv Leases 117,047 SF Industrial Space In Dallas
LEASED
Texas
See Similar DealsIndustrial117,047 SF
Leased
LEASED
New Thermo-Serv Leases 117,047 SF Industrial Space In Dallas
3901 Pipestone Road, Dallas, TX 75212
See Similar DealsIndustrial117,047 SF
Leased
Summary
TEXAS
Asset Type:Industrial
Total Square Footage:117,047 SF
Transaction Type:Lease
An industrial property located at 3901 Pipestone Road in Dallas has recently been leased. The property, which spans 117,047 square feet and sits on 7.6 acres, was leased by New Thermo-Serv Ltd.
Summary of transaction details
- Property Type: Industrial
- Transaction Date: 06/21/2021
- Address: 3901 Pipestone Road, Dallas
- Tenant: New Thermo-Serv Ltd
- Landlord: Prim Turnpike Portfolio LLC
- Tenant's Representative: Art Leichner & Andrew Crites - Newmark
- Landlord's Representative: John Gorman - Holt Lunsford Commercial
The lease was facilitated by Art Leichner and Andrew Crites from Newmark, who represented the tenant. John Gorman from Holt Lunsford Commercial served as the landlord's representative in the deal.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$6,709,063.41
Total Lease Value
$67,090,634.09
Net Landlord Cash Flow$6,709,063.41
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