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Xpress Foods Leases 19,791 SF Industrial Space In Dallas With Landlord's Reps From Stonelake Capital Partners And Tenant's Rep From Lee & Associates
LEASED
+ 1
Texas
See Similar DealsIndustrial19,791 SF
Leased 11/06/2023
LEASED
Xpress Foods Leases 19,791 SF Industrial Space In Dallas With Landlord's Reps From Stonelake Capital Partners And Tenant's Rep From Lee & Associates
5145 Norwood Road
See Similar DealsIndustrial19,791 SF
Leased 11/06/2023
+ 1
Summary
TEXAS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:19,791 SF
Transaction Type:Lease
The industrial property located at 5145 Norwood Road in Dallas has been leased. The property spans across 19,791 square feet, making it a suitable space for industrial operations.
Summary of transaction details:
- Property Type: Industrial
- Transaction Date: 11/06/2023
- Address: 5145 Norwood Road, Dallas
- Market: Dallas
- Square Footage: 19,791
The landlord in this transaction is Stonelake Capital Partners, represented by Kenneth E. Aboussie, Jr. On the other hand, Xpress Foods is the tenant. Matthew Johnson and Stephen Williamson, from Lee & Associates, served as the landlord's representatives. Ally Tanghongs, also from Lee & Associates, acted as the tenant's representative during the leasing process.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$1,134,408.18
Total Lease Value
$11,344,081.77
Net Landlord Cash Flow$1,134,408.18
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