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Dallas North Industrial LLC Leases Industrial Space To Incresol Inc. In Richardson

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LEASED
Jessica Reinhardt
Ally Tanghongs
+ 1

Texas

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Industrial
Leased 03/01/2024
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LEASED

Dallas North Industrial LLC Leases Industrial Space To Incresol Inc. In Richardson

851 International Parkway & 901 International Parkway

See Similar Deals
Industrial
Leased 03/01/2024
Jessica Reinhardt
Ally Tanghongs
+ 1
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Summary

TEXAS
Asset Type:Industrial
Transaction Type:Lease

An 8,710-square-foot lease was brokered at Arapaho Place, a Richardson industrial complex located at 851 & 901 International Parkway. The landlord, Dallas North Industrial LLC, leased the property to Incresol Inc., an Indian software developer.

Summary of transaction details:

Lee & Associates represented the landlord, Dallas North Industrial LLC, with Ally Tanghongs, George Tanghongs, and Jessica Reinhardt facilitating the lease deal. On the tenant side, Nathaniel Barrett from White Rock Realty represented Incresol Inc., the Indian software developer who secured the industrial space.

Players

George Tanghongs
7 deals
BROKER

Jessica Reinhardt
Lee & Associates
5 deals(972) 891-5236
BROKER


Details

LEASED
IMAGE: Ally Tanghongs, George Tanghongs, Jessica Reinhardt & Nathaniel Barrett DATE: 03/01/2024 ADDRESS: 851 & 901 International Parkway MARKET: Richardson ASSET TYPE: Industrial LANDLORD: Dallas North Industrial LLC TENANT: Incresol Inc. LANDLORD'S REP: Ally Tanghongs (@AllyTanghongs), George Tanghongs (@Soarer9) & Jessica Reinhardt - Lee & Associates TENANT'S REP: Nathaniel Barrett - White Rock Realty NOTE: Lee & Associates brokered an 8,710-square-foot lease at Arapaho Place, a Richardson industrial complex, with Jessica Reinhardt, George Tanghongs, and Ally Tanghongs representing the landlord, Dallas North Industrial LLC, and Nathaniel Barrett of White Rock Realty representing the tenant, Incresol Inc., an Indian software developer.

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Deal Type
Effective Rent (Annual)

$573,193.97

Total Lease Value

$5,731,939.66

Net Landlord Cash Flow$573,193.97