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Robert Madden Industries Leases 65,811 SF Industrial Space In McKinney, Texas
LEASED
+ 1
Texas
See Similar DealsIndustrial65,811 SF
Leased 11/21/2023
LEASED
Robert Madden Industries Leases 65,811 SF Industrial Space In McKinney, Texas
801 Harry Mckillop Boulevard
See Similar DealsIndustrial65,811 SF
Leased 11/21/2023
+ 1
Summary
TEXAS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:65,811 SF
Transaction Type:Lease
The industrial property located at 801 Harry McKillop Boulevard in McKinney has been leased. The property spans 65,811 square feet and is owned by Transwestern Development Co. The lease transaction took place on November 21, 2023.
Summary of transaction details
- Property Type: Industrial
- Transaction Date: November 21, 2023
- Address: 801 Harry McKillop Boulevard, McKinney
- Square Footage: 65,811
Robert Madden Industries, a wholesale distributor of HVAC products, has become the tenant for this industrial property. The tenant was represented by Brett Lewis from Lee & Associates. On the other hand, Transwestern Development Co. was represented by Kodie Comby and Randy Touchstone from JLL. It is noteworthy that Lee & Associates facilitated the lease transaction between the tenant and the landlord, Transwestern Development Co.
Players
BROKERAGE
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$3,772,246.81
Total Lease Value
$37,722,468.07
Net Landlord Cash Flow$3,772,246.81
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