Stonelake Capital Partners Leases Industrial Space To Pinnacle Coatings Group In Brookhollow, Dallas. Keaton Duhon & David Guinn From Davidson Bogel Represented
616 West Mockingbird Lane, Dallas, Texas 75247, United States
Building Size
26,600 SF
Asset Type
Industrial
Closing
Jun 21, 2022
AI
The industrial property located at 616 W Mockingbird Ln in Brookhollow, Dallas has been leased by Pinnacle Coatings Group. The lease transaction took place on 06/22/2022 and the property spans an area of 26,600 square feet. The landlord for this lease is Stonelake Capital Partners.
Summary of transaction details:
- Property Type: Industrial
- Transaction Date: 06/22/2022
- Address: 616 W Mockingbird Ln, Brookhollow, Dallas
- Market: Dallas
- Size: 26,600 square feet
- Landlord: Stonelake Capital Partners
- Tenant: Pinnacle Coatings Group
- Brokers: Keaton Duhon & David Guinn - Davidson Bogel
The DB2RE Industrial team, represented by Keaton Duhon and David Guinn from Davidson Bogel, facilitated this lease transaction. They leverage their comprehensive real estate expertise, leading-edge market research, and in-depth knowledge of the industrial market to provide complete solutions tailored to their clients' unique needs. With a focus on manufacturing, warehousing, distribution, and research and development, DB2RE's Industrial Division offers competitive and comprehensive industrial real estate solutions.
Players
Dallas Industrial Market Snapshot
Boundary boundary · Industrial · Lease transactions
Loading comparables…
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