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5325 FAA Blvd, Irving, TX, USA

Brunton International Inc. Leases 63,000 SF Industrial Space At 5325 FAA Blvd Irving
LEASEDIndustrial

Brunton International Inc. Leases 63,000 SF Industrial Space At 5325 FAA Blvd Irving

5325 FAA Blvd, Irving, TX, USA

Building Size

63,000 SF

Asset Type

Industrial

Closing

May 13, 2021

AI

The industrial property located at 5325 FAA Blvd in Irving has been leased in a recent transaction. The property spans over a total area of 63,000 square feet, providing ample space for various industrial activities.

Summary of transaction details

Brunton International Inc. has secured the lease on the property, making it the new occupant of 5325 FAA Blvd. They will be utilizing the industrial space to support their operations and meet their business requirements. Tosca Services Inc. is the landlord in this transaction, providing the property for lease. The deal was facilitated by Frank Puskarich, Jim Cooksey, Louis Pascuzzi, and Reid Halverson from Newmark, who represented both the tenant and the landlord in the negotiations.

For more information about the property and the deal, you can visit the following link: Instagram Post.

Players

Jim Cooksey

Newmark

Broker

5 deals

Broker

Irving 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