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
Dallas Industrial Market Snapshot
Boundary boundary · Industrial · Lease transactions
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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