IEWC Corporation Signs 176,182 Square Foot Industrial Lease With First Industrial Realty Trust In Lewisville
501 Holfords Prairie Road
Building Size
176,182 SF
Asset Type
Industrial
Closing
Jul 30, 2026
AI
The property involved in this transaction is an industrial asset located at 501 Holfords Prairie Road in Lewisville, Texas, encompassing a total area of 176,182 square feet. The market for this asset is identified as Lewisville, TX, with the landlord being First Industrial Realty Trust.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 501 Holfords Prairie Road
- Market: Lewisville, TX
- Asset Size: 176,182 SF
- Landlord: First Industrial Realty Trust
- Tenant: IEWC Corporation
- Landlord's Representative: Mark Graybill & Adam Graham - Lee & Associates
- Tenant's Representative: Jay Benner - Cushman & Wakefield
In this transaction, Mark Graybill and Adam Graham from Lee & Associates represented the landlord, while Jay Benner from Cushman & Wakefield represented the tenant, IEWC Corporation, which signed the lease for the industrial space.
Players
Lewisville 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