Molto Properties Leases 252,203 SF Industrial Space In Deer Park
LEASED
+ 1
Texas
See Similar DealsIndustrial252,203 SF
Leased 12/14/2020
LEASED
Molto Properties Leases 252,203 SF Industrial Space In Deer Park
739 Independence Parkway, Deer Park, TX, USA
See Similar DealsIndustrial252,203 SF
Leased 12/14/2020
+ 1
Summary
TEXAS
Asset Type:Industrial
Total Square Footage:252,203 SF
Transaction Type:Lease
An industrial property in Deer Park has been leased to Molto Properties. The property, located at 739 Independence Parkway, covers an area of 252,203 square feet. The lease was signed on December 14, 2020.
Summary of transaction details
- Property Type: Industrial
- Tenant: Molto Properties - Chad Parrish
- Landlord: S.I. Warehousing Co., Inc.
- Tenant's Representative: David Munson - Boyd Commercial
- Landlord's Representatives: Kelley Parker, Coe Parker, & John Littman - Cushman & Wakefield
David Munson from Boyd Commercial represented Molto Properties in the lease deal. The landlord S.I. Warehousing Co., Inc. was represented by Kelley Parker, Coe Parker, and John Littman from Cushman & Wakefield.
Players
TENANT
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$14,456,123.77
Total Lease Value
$144,561,237.70
Net Landlord Cash Flow$14,456,123.77
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