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Four Hands Leases 570000 Square Feet At Airport Logistics Center In Southeast Austin

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LEASED

Texas

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Industrial570,000 SF
Leased 08/19/2024
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LEASED

Four Hands Leases 570000 Square Feet At Airport Logistics Center In Southeast Austin

6106 Ross Road

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Industrial570,000 SF
Leased 08/19/2024
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Summary

TEXAS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:570,000 SF
Transaction Type:Lease

The property asset involved in this transaction is located at 6106 Ross Road in the Del Valle market. It is an industrial asset with a total square footage of 570,000. The transaction marks a significant lease agreement within the industrial sector in Austin.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not specified
  • Square Footage: 570,000
  • Address: 6106 Ross Road
  • Market: Del Valle
  • Landlord: Sean Dalfen - Dalfen Industrial
  • Tenant: Matthew Briggs - Four Hands
  • Landlord's Representative: Ace Schlameus & Kyle McCulloch - JLL
  • Tenant's Representative: Chad Marsh - Endeavor Real Estate Group

This lease signifies the largest industrial deal in Austin for the year 2024, with Four Hands securing a full-building lease at Airport Logistics Center Building 2. The representation for Four Hands was provided by Chad Marsh of Endeavor Real Estate Group, while the landlord, Dalfen Industrial, was represented by Ace Schlameus and Kyle McCulloch of JLL.

Players

Chad Marsh
2 deals(512) 682-5525
BROKER


Details

LEASED
IMAGE: Sean Dalfen, Matthew Briggs, Ace Schlameus, Kyle McCulloch & Chad Marsh DATE: 08/19/2024 ADDRESS: 6106 Ross Road MARKET: Del Valle ASSET TYPE: Industrial ~ SF: 570,000 LANDLORD: Sean Dalfen - Dalfen Industrial TENANT: Matthew Briggs - Four Hands (@FourHandsFurniture) LANDLORD'S REP: Ace Schlameus & Kyle McCulloch - JLL (@JLL) TENANT'S REP: Chad Marsh - Endeavor Real Estate Group NOTE: Four Hands signed a 570,000-square-foot full-building lease at Airport Logistics Center Building 2 in Southeast Austin, marking the largest industrial deal in Austin this year. Chad Marsh of Endeavor represented Four Hands, while JLL’s Ace Schlameus and Kyle McCulloch represented the landlord, Dalfen Industrial.

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Deal Type
Effective Rent (Annual)

$32,672,056.04

Total Lease Value

$326,720,560.38

Net Landlord Cash Flow$32,672,056.04