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545 Commerce Street

AllTerra Central Renews And Expands Lease For 22,413 Square Feet At 545 Commerce Street Southlake
LEASEDIndustrial

AllTerra Central Renews And Expands Lease For 22,413 Square Feet At 545 Commerce Street Southlake

545 Commerce Street

Building Size

22,413 SF

Asset Type

Industrial

Closing

Apr 30, 2026

AI

The industrial asset located at 545 Commerce Street in Southlake features a total square footage of 22,413. The building, constructed in 1996, is now fully occupied following the lease renewal and expansion by AllTerra Central.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not specified
  • Address: 545 Commerce Street
  • Market: Southlake
  • Landlord: Craig A. Spencer - Arden Group
  • Tenant: AllTerra Central
  • Landlord's Representative: Jon Skidmore, Andrew Gilbert & Keaton Brice - Holt Lunsford Commercial
  • Tenant's Representative: Travis Smith - JLL

The deal highlights the collaborative efforts of multiple representatives. JLL, led by Travis Smith, acted on behalf of the tenant, AllTerra Central, while the landlords, represented by brokers Jon Skidmore, Andrew Gilbert, and Keaton Brice of Holt Lunsford Commercial, facilitated the transaction for Arden Group.

Players

Andrew Gilbert

Holt Lunsford Commercial

Broker

14 deals

Broker

Craig A. Spencer

Arden Group

Landlord

$1.5B

vol

10 deals

Landlord
AC
AllTerra CentralTenant

Southlake 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