The industrial property involved in the lease transaction is located at 4805 North Interstate 35 in Georgetown, Texas. The asset spans 145,950 square feet and is part of the CrossPoint Business District, which comprises a total of 488,758 square feet across three buildings. The landlord of this property is Diamond Realty Investments, while the tenant is Martin Salyer representing Control Panels USA.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: Not specified
• Address: 4805 North Interstate 35, Georgetown, Texas
• Market: Georgetown
• Tenant: Martin Salyer - Control Panels USA
• Landlord: Diamond Realty Investments
• Brokers: Darryl Dadon & Olivia Reed - CBRE

Darryl Dadon and Olivia Reed from CBRE served as the brokers in this lease deal. Control Panels USA has pre-leased Building 2 of the industrial project and is expected to occupy the space in January 2025 when the entire CrossPoint Business District is completed. This transaction highlights the strategic planning and commitment of the involved parties to secure a suitable industrial space for future operations.