Battery Management Technology Corp Signs Lease For 14,100 Square Feet In Richardson Texas
789 North Grove Road
Building Size
14,100 SF
Asset Type
Industrial
Closing
Jul 29, 2026
AI
The property involved in this transaction is an industrial asset located at 789 North Grove Road in Richardson, Texas, encompassing a total square footage of 14,100. The transaction falls within the Richardson market and is owned by Dallas North Industrial, LLC.
Summary of transation details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 789 North Grove Road
- Market: Richardson, TX
- Square Footage: 14,100
- Landlord: Dallas North Industrial, LLC
- Tenant: Battery Management Technology Corp
- Landlord's Rep: Jessica Reinhardt & Susan Cancemi - Lee & Associates
- Tenant's Rep: Shane Rollins - TXCRE
This lease transaction involved representation by Jessica Reinhardt and Susan Cancemi from Lee & Associates for the landlord, Dallas North Industrial, LLC, and Shane Rollins from TXCRE for the tenant, Battery Management Technology Corp. Their expertise facilitated this industrial lease agreement.
Players
Richardson Industrial Market Snapshot
Boundary boundary · Industrial · Lease transactions
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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