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CBRE Represents Boomer White & Jim Stark In Lease Of Industrial Space In Baytown

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LEASED

Texas

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Industrial500,000 SF
Leased 06/06/2022
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Property Image
LEASED

CBRE Represents Boomer White & Jim Stark In Lease Of Industrial Space In Baytown

4000 Cedar Blvd, Baytown, Texas 77523, United States

See Similar Deals
Industrial500,000 SF
Leased 06/06/2022
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Summary

TEXAS
Asset Type:Industrial
Total Square Footage:500,000 SF
Transaction Type:Lease

The industrial property located at 4000 Cedar Blvd in Baytown has been leased in a long-term deal. The property spans approximately 500,000 square feet and is owned by Reich Brothers, represented by Matt Reich. The leasing transaction was facilitated by Boomer White & Jim Stark of CBRE.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Date: 06/06/2022
  • Address: 4000 Cedar Blvd, Baytown
  • Market: Baytown
  • Square Footage: 500,000 SF

Boomer White & Jim Stark, from CBRE, played a significant role in brokering the lease deal for the industrial property at 4000 Cedar Blvd in Baytown. This long-term agreement allows the tenant to utilize the expansive 500,000 square feet of space. The property is under the ownership of Reich Brothers, with Matt Reich representing the landlord's interests in the transaction.

Players

Boomer White
7 deals$5.6M volume(713) 577-1676
BROKER

James "Jim" Stark
CBRE
3 deals$1.1M volume
BROKER

LANDLORD

Details

LEASED
IMAGE: Boomer White & Jim Stark DATE: 06/06/2022 ADDRESS: 4000 Cedar Blvd MARKET: Baytown ASSET TYPE: Industrial ~ SF: 500,000 LANDLORD: Reich Brothers - Matt Reich BROKER: Boomer White & Jim Stark - CBRE LEASE TERMS: long-term

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Deal Type
Effective Rent (Annual)

$28,659,698.28

Total Lease Value

$286,596,982.79

Net Landlord Cash Flow$28,659,698.28