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4900 Alliance Gateway Freew...

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
LEASEDIndustrial

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

Trace Elrod

Newmark

Broker

4 deals

Broker

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