Patrick McKiernan Of First Houston Properties Leases 432000 SF Industrial Space In Baytown
LEASED
Texas
See Similar DealsIndustrial432,000 SF
Leased 08/15/2024
LEASED
Patrick McKiernan Of First Houston Properties Leases 432000 SF Industrial Space In Baytown
4838 Borusan Rd
See Similar DealsIndustrial432,000 SF
Leased 08/15/2024
Summary
TEXAS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:432,000 SF
Transaction Type:Lease
The property asset involved in this transaction is located at 4838 Borusan Road in Baytown. This industrial asset spans 432,000 square feet and is under a NNN lease structure.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Date of Lease: 08/15/2024
- Broker: Patrick McKiernan
- Broker Agency: First Houston Properties
The lease transaction was facilitated by Patrick McKiernan, who represents First Houston Properties, playing a crucial role in the execution of this industrial lease deal.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$24,761,979.31
Total Lease Value
$247,619,793.13
Net Landlord Cash Flow$24,761,979.31
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