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Mooring Signs 62,391 Square Foot Industrial Lease In Benbrook With CBRE And Stream Realty Partners

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LEASED
Steve Koldyke
Jeff Rein⁠
+ 2

Texas

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Industrial62,391 SF
Leased 12/13/2024
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Property Image
LEASED

Mooring Signs 62,391 Square Foot Industrial Lease In Benbrook With CBRE And Stream Realty Partners

7650 Winbrook Drive

See Similar Deals
Industrial62,391 SF
Leased 12/13/2024
Steve Koldyke
Jeff Rein⁠
+ 2
Contact now

Summary

TEXAS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:62,391 SF
Transaction Type:Lease

The property involved in this transaction is an industrial asset located at 7650 Winbrook Drive in Benbrook. The total square footage of the leased space is 62,391, accommodating the tenant's operational needs. This lease signifies Mooring's relocation and expansion from Grand Prairie, allowing them to optimize their business operations in a larger area.

Summary of transaction details:

The leasing agreement was facilitated through the collaborative efforts of CBRE and Stream Realty Partners, showcasing the expertise of the representatives involved in the transaction. Brian Gilcrest, Kacy Jones, and Steve Koldyke represent the landlord, while Charles Brewer and Jeff Rein represent the tenant. This transaction indicates a strategic move for Mooring to enhance its operational footprint.

Players

4 deals
BROKER

6 deals$120M volume
BROKER

Steve Koldyke
CBRE
8 deals
BROKER

Kacy Jones
CBRE
8 deals
BROKER

Details

LEASED
IMAGE: Brian Gilcrest, Kacy Jones, Steve Koldyke, Charles Brewer & Jeff Rein⁠ DATE: 12/13/2024 ADDRESS: 7650 Winbrook Drive MARKET: Benbrook ASSET TYPE: Industrial ~ SF: 62,391 TENANT: Mooring LANDLORD'S REP: Brian Gilcrest, Kacy Jones & Steve Koldyke - CBRE TENANT'S REP: Charles Brewer & Jeff Rein⁠ - Stream Realty Partners⁠ NOTE: Mooring signed a 62,391-square-foot industrial lease at Chisholm 20 in Benbrook, TX, as part of its relocation and expansion from Grand Prairie. The lease, negotiated by CBRE and Stream Realty Partners, will see Mooring move into the space in early 2025. ⁠ ⁠

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Deal Type
Effective Rent (Annual)

$3,576,214.47

Total Lease Value

$35,762,144.71

Net Landlord Cash Flow$3,576,214.47