facebook

traded

+ Submit
Home

/

Deals

/

Texas

/

Industrial

/

Lease

/

7650 Winbrook Drive

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

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

7650 Winbrook Drive

Building Size

62,391 SF

Asset Type

Industrial

Closing

Dec 13, 2024

AI

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

Charles Brewer

Broker

4 deals

Broker

Benbrook Industrial Market Snapshot

Boundary boundary · Industrial · Lease transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93