Johnson Controls Inc Leases 29954 Square Feet At 4111 Greenshadow Dr Pasadena From Vigavi Zen LLC
LEASED
Texas
See Similar DealsIndustrial29,954 SF
LEASED
Johnson Controls Inc Leases 29954 Square Feet At 4111 Greenshadow Dr Pasadena From Vigavi Zen LLC
4111 Greenshadow Dr, Pasadena, TX...
See Similar DealsIndustrial29,954 SF
Summary
TEXAS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:29,954 SF
Transaction Type:Lease
4111 Greenshadow Dr in Pasadena, TX is the location of a 29,954-square-foot industrial lease. The property is situated in Pasadena, which is an eastern suburb of Houston. The lease involved the landlord Vigavi Zen LLC and the tenant Johnson Controls Inc, a plastics fabricator.
Summary of transaction details:
- Property Type: Industrial Lease
- Transaction Amount: Not specified
- Address: 4111 Greenshadow Dr, Pasadena, TX
- Market: Pasadena
- Tenant: Johnson Controls Inc
- Landlord: Vigavi Zen LLC
- Tenant's Representative: Carlton Anderson - CBRE
- Landlord's Representatives: Reed Vestal and Taylor Schmidt - Lee & Associates
The lease negotiation brought together Carlton Anderson from CBRE, representing the tenant, and Reed Vestal and Taylor Schmidt from Lee & Associates, representing the landlord. This collaboration facilitated the agreement between Johnson Controls Inc and Vigavi Zen LLC for the specified industrial space.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$1,716,945.20
Total Lease Value
$17,169,452.04
Net Landlord Cash Flow$1,716,945.20
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