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
- Property Type: Industrial
- Tenant: Brunton International Inc.
- Landlord: Tosca Services Inc.
- Brokers: Frank Puskarich, Jim Cooksey, Louis Pascuzzi, & Reid Halverson - Newmark
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
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