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Lee & Associates Negotiates 22,500 Square Foot Industrial Lease For EastGroup Properties In Austin
LEASED
Texas
See Similar DealsIndustrial22,500 SF
Leased 03/05/2025
LEASED
Lee & Associates Negotiates 22,500 Square Foot Industrial Lease For EastGroup Properties In Austin
8291 Springdale Road
See Similar DealsIndustrial22,500 SF
Leased 03/05/2025
Summary
TEXAS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:22,500 SF
Transaction Type:Lease
The property asset involved in the transaction is a 22,500-square-foot industrial space located at 8291 Springdale Road in the Austin market.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Address: 8291 Springdale Road
- Market: Austin
- Landlord: Marshall A. Loeb - EastGroup Properties
- Brokers: Adam Green & Luke Boykin - Lee & Associates
Adam Green and Luke Boykin represented the landlord, EastGroup Properties, in the negotiation of the lease. The identity of the tenant remains undisclosed.
Players
BROKERAGE
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$1,289,686.42
Total Lease Value
$12,896,864.23
Net Landlord Cash Flow$1,289,686.42
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