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Neveon USA Leases 50,000 SF Industrial Space At Riverbend Business Park In Fort Worth

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LEASED

Texas

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Industrial50,000 SF
Leased 11/14/2023
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LEASED

Neveon USA Leases 50,000 SF Industrial Space At Riverbend Business Park In Fort Worth

7617 Pebble Drive

See Similar Deals
Industrial50,000 SF
Leased 11/14/2023
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Summary

TEXAS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:50,000 SF
Transaction Type:Lease

An industrial lease for 50,000 square feet has been arranged at Riverbend Business Park in northeast Fort Worth, Texas. The property is part of a 1.4 million-square-foot development located at 7617 Pebble Drive. Neveon USA, represented by Jürgen Kleinrath, will be the tenant in this transaction.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not specified
  • Square Footage: 50,000
  • Address: 7617 Pebble Drive, Fort Worth, Texas
  • Market: Fort Worth

Newmark facilitated this lease for Neveon USA, with the tenant's representatives being Frank Puskarich and Louis Pascuzzi. Representing the landlord in this deal was Holt Lunsford Commercial.

Players

Louis Pascuzzi
7 deals
BROKER

Frank Puskarich
Newmark
5 deals
BROKER

TENANT

Details

LEASED
IMAGE: Jürgen Kleinrath, Frank Puskarich & Louis Pascuzzi DATE: 11/14/2023 ADDRESS: 7617 Pebble Drive MARKET: Fort Worth ASSET TYPE: Industrial ~ SF: 50,000 TENANT: Neveon USA - Jürgen Kleinrath LANDLORD'S REP: Holt Lunsford Commercial (@HoltLunsfordCRE) TENANT'S REP: Frank Puskarich & Louis Pascuzzi - Newmark (@Newmark) NOTE: Newmark arranged a 50,000-square-foot industrial lease for Neveon USA at Riverbend Business Park in northeast Fort Worth, part of a 1.4 million-square-foot development. The tenant was represented by Frank Puskarich and Louis Pascuzzi of Newmark, with Holt Lunsford Commercial representing the landlord.

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Deal Type
Effective Rent (Annual)

$2,865,969.83

Total Lease Value

$28,659,698.28

Net Landlord Cash Flow$2,865,969.83