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U.S. Foods Leases 10 Acres Of Industrial Space From DryPort Capital In San Antonio

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U.S. Foods Leases 10 Acres Of Industrial Space From DryPort Capital In San Antonio

6600 Lancer Boulevard

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Summary

TEXAS
Asset Type:Industrial
Transaction Type:Lease

The asset involved in this transaction is an industrial property located at 6600 Lancer Boulevard in San Antonio. It encompasses a total of 10 acres, featuring a seven-acre truck parking area and a 2,000-square-foot office. The facility serves as an outdoor storage space leased by U.S. Foods.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not specified
  • Address: 6600 Lancer Boulevard
  • Market: San Antonio
  • Acres: 10
  • Landlord: DryPort Capital
  • Tenant: U.S. Foods
  • Landlord's Representative: Ty Bragg - Cavender & Hill
  • Tenant's Representative: Rob Burlingame - CBRE

Ty Bragg represented the landlord, DryPort Capital, while Rob Burlingame represented the tenant, U.S. Foods, in this leasing transaction. This lease marks a strategic decision for U.S. Foods as they utilize the space for their operational needs.

Players

Rob Burlingame
4 deals
BROKER

Thomas (Ty) Bragg
Cavender & Hill
1 deal(210) 507-2702
BROKER

Details

LEASED
IMAGE: Ty Bragg & Rob Burlingame DATE: 08/13/2024 ADDRESS: 6600 Lancer Boulevard MARKET: San Antonio ASSET TYPE: Industrial ~ ACRES: 10 LANDLORD: DryPort Capital TENANT: U.S. Foods LANDLORD'S REP: Ty Bragg - Cavender & Hill (@CavenderHill) TENANT'S REP: Rob Burlingame - CBRE (@CBRE) NOTE: U.S. Foods has leased space at Riggy’s Foster Ridge, a 10-acre industrial outdoor storage facility in San Antonio, which includes a seven-acre truck parking area and a 2,000-square-foot office. Ty Bragg of Cavender & Hill represented the landlord, DryPort Capital, while Rob Burlingame of CBRE represented the tenant.

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Deal Type
Effective Rent (Annual)

$573,193.97

Total Lease Value

$5,731,939.66

Net Landlord Cash Flow$573,193.97