SPM Oil & Gas Leases 168017 Square Feet At 4675 Railhead Rd Fort Worth With James Campbell Company
LEASED
Texas
See Similar DealsIndustrial168,017 SF
LEASED
SPM Oil & Gas Leases 168017 Square Feet At 4675 Railhead Rd Fort Worth With James Campbell Company
4675 Railhead Rd, Fort Worth, TX, 76...
See Similar DealsIndustrial168,017 SF
Summary
TEXAS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:168,017 SF
Transaction Type:Lease
The property involved in this transaction is located at 4675 Railhead Rd, Fort Worth, TX. It is part of the Railhead Industrial Park, encompassing a total area of 168,017 square feet. The market for this asset is Fort Worth, Texas, and it is situated within a 633-acre development positioned at the corner of Northeast Loop 820 and Blue Mound Road on the north side of the city.
Summary of transaction details:
- Property Type: Industrial Lease
- Transaction Amount: Not disclosed
- Tenant: SPM Oil & Gas
- Landlord: James Campbell Company
- Tenant's Representative: George Curry-JLL
- Landlord's Representative: Matt Carthey-Holt Lunsford Commercial
The negotiation process for the lease renewal was facilitated by George Curry, representing the tenant, SPM Oil & Gas, and Matt Carthey representing the landlord, James Campbell Company. This lease underscores the continued presence of SPM Oil & Gas within the Railhead Industrial Park, enhancing the occupant’s footprint in the Fort Worth area.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$9,630,633.05
Total Lease Value
$96,306,330.51
Net Landlord Cash Flow$9,630,633.05
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