Ed Tucker Distributor Inc Leases 257,500 SF Industrial Asset In Fort Worth With Brokers Louis Pascuzzi, Jim Cooksey, Trace Elrod, Chris Mason, John Beach, Reggie Beavan III, Andy Iversen, David Creiner, Brad Mason, & Jack Brewer - Newmark
4900 Alliance Gateway Freeway, Fort Worth, TX, USA
Building Size
257,500 SF
Asset Type
Industrial
Closing
Feb 9, 2021
AI
Located at 4900 Alliance Gateway in Fort Worth, an industrial property measuring 257,500 square feet has recently been leased. The deal was finalized on February 10, 2021.
Summary of transaction details
- Property Type: Industrial
- Transaction Date: February 10, 2021
- Address: 4900 Alliance Gateway, Fort Worth
- Square Footage: 257,500
Ed Tucker Distributor Inc is the tenant who has leased the property. The transaction was facilitated by a team of brokers from Newmark, including Louis Pascuzzi, Jim Cooksey, Trace Elrod, Chris Mason, John Beach, Reggie Beavan III, Andy Iversen, David Creiner, Brad Mason, and Jack Brewer.
Players
Fort Worth 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