facebook

traded

+ Submit
Home

/

Deals

/

Texas

/

Industrial

/

Lease

/

4811 Lakawana Street

Glasshouse Products Leases 33,333-Square-Foot Industrial Space In West Dallas With Tenant's Rep Lena Pierce & Ryan Boozer
LEASEDIndustrial

Glasshouse Products Leases 33,333-Square-Foot Industrial Space In West Dallas With Tenant's Rep Lena Pierce & Ryan Boozer

4811 Lakawana Street

Building Size

33,333 SF

Asset Type

Industrial

Closing

Dec 11, 2023

AI

Lee & Associates negotiated a 33,333-square-foot industrial lease in West Dallas at 4811 Lakawana St. The property, located in Dallas, is owned by Stonelake Capital Partners. The lease transaction involved Glasshouse Products as the tenant.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not available
  • Address: 4811 Lakawana Street
  • Market: Dallas
  • Square Footage: 33,333

Stephen Williamson of Lee & Associates represented the landlord, Stonelake Capital Partners, in the lease negotiation. On the other side, Lena Pierce and Ryan Boozer, acting as representatives of Stream Realty Partners, represented the tenant, Glasshouse Products.

Note: Lee & Associates represented the landlord, Stonelake Capital Partners, while Stream Realty Partners represented the tenant, Glasshouse Products, in the negotiation of a 33,333-square-foot industrial lease at 4811 Lakawana Street in West Dallas.

Players

Lena Pierce

Stream Realty Partners⁠

Broker

8 deals

Broker
Kenneth E. Aboussie, Jr.

Kenneth E. Aboussie, Jr.

Stonelake Capital Partners

Landlord

$63.1M

vol

10 deals

Landlord

Dallas Industrial Market Snapshot

Boundary boundary · Industrial · Lease transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93