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Hobi International Renews Industrial Lease At 7601 Ambassador Row In Dallas

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LEASED

Texas

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Industrial98,489 SF
Leased 07/24/2023
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LEASED

Hobi International Renews Industrial Lease At 7601 Ambassador Row In Dallas

7601 Ambassador Row Dallas, TX 75247, USA

See Similar Deals
Industrial98,489 SF
Leased 07/24/2023
Contact now

Summary

TEXAS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:98,489 SF
Transaction Type:Lease

Hobi International has renewed its industrial lease for 98,489 square feet at 7601 Ambassador Row in northwest Dallas. The property, managed by ML Realty Partners, offers a substantial space for Hobi International's operations in the industrial sector.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: Not mentioned
  • Square Footage: 98,489
  • Address: 7601 Ambassador Row
  • Market: Dallas

This lease renewal deal highlights the collaboration between ML Realty Partners and Hobi International. ML Realty Partners, as the property's landlord, has successfully maintained a long-term relationship with Hobi International through this lease renewal. Sam Abusaad represents ML Realty Partners as the landlord's representative, while Craig Jones of JLL serves as Hobi International's representative in this transaction.

Players

Craig Jones
4 deals$420M volume
BROKER


ML Realty Partners
LANDLORD

Details

LEASED
IMAGE: Sam Abusaad & Craig Jones DATE: 07/24/2023 ADDRESS: 7601 Ambassador Row MARKET: Dallas ASSET TYPE: Industrial ~ SF: 98,489 LANDLORD: ML Realty Partners TENANT: Hobi International LANDLORD'S REP: Sam Abusaad - ML Realty Partners TENANT'S REP: Craig Jones - JLL NOTE: Hobi International renews its industrial lease for 98,489 square feet at 7601 Ambassador Row in northwest Dallas. The property is managed by ML Realty Partners, with tenant representation by Craig Jones of JLL.

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Deal Type
Effective Rent (Annual)

$5,645,330.05

Total Lease Value

$56,453,300.48

Net Landlord Cash Flow$5,645,330.05