Baer Manufacturing Signs 606000 Square Foot Industrial Lease At Crosspoint Business District In Georgetown

The property involved in the transaction is a build-to-suit industrial lease located at 4815 North Interstate Hwy 35 in Georgetown. The total area of the asset is 606,000 square feet. The landlord for this lease is Michele Wheeler, who is associated with Jackson-Shaw. The tenant, Baer Manufacturing, is an affiliate of Hunt Electric Corp. and will occupy a single building while also leasing an additional 73,000 square feet in Phase I for temporary operations.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: Not specified
• Address: 4815 North Interstate Hwy 35
• Market: Georgetown
• Asset Size: 606,000 square feet
• Landlord: Michele Wheeler - Jackson-Shaw
• Tenant: Baer Manufacturing
• Brokers: Darryl Dadon & Olivia Reed - CBRE

This lease transaction indicates a strategic development with Jackson-Shaw, as they are also developing a second building on a speculative basis in Phase II of Crosspoint Business District. The deal accommodates Baer Manufacturing's operational needs by providing significant space through both Phase I and Phase II developments.