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800 Industrial Boulevard

IMPEX GLS Leases 14,969 SF Industrial Space At 800 Industrial Boulevard In Grapevine
LEASEDIndustrial

IMPEX GLS Leases 14,969 SF Industrial Space At 800 Industrial Boulevard In Grapevine

800 Industrial Boulevard

Building Size

14,969 SF

Asset Type

Industrial

Closing

May 6, 2025

AI

The property asset involved in this lease transaction is an industrial space located at 800 Industrial Boulevard in Grapevine. The total size of the leased area is 14,969 square feet within a larger building owned by Prologis, which has a total square footage of 191,000 square feet.

Summary of transaction details:

This lease transaction involves key individuals and companies, with Hamid Moghadam serving as the landlord, representing Prologis. The landlord's interests were represented by Andrew Gilbert and Keaton Brice from Holt Lunsford Commercial, while the tenant, IMPEX GLS, was represented by Andrew Flores from Mercer Company.

Players

Andrew Gilbert

Holt Lunsford Commercial

Broker

14 deals

Broker
Hamid Moghadam

Hamid Moghadam

Prologis

Landlord

$2.6B

vol

51 deals

Landlord

Grapevine 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