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8721 Forney Road

Updated Sep 9, 2026

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Stonelake Capital Partners Leases 74,421 Square Feet To Harborcrest Industrial LLC In Dallas
LEASEDIndustrial

Stonelake Capital Partners Leases 74,421 Square Feet To Harborcrest Industrial LLC In Dallas

8721 Forney Road

Building Size

74,421 SF

Asset Type

Industrial

Closing

Sep 3, 2026

About this deal

AI

An industrial lease transaction has been completed for a property located at 8721 Forney Road in Dallas, TX, comprising 74,421 square feet of space. The asset is situated in a strategically valuable market, catering to the needs of industrial operations.

Summary of transaction details:

This lease was brokered by Taylor Stell and Brett Lewis from Lee & Associates, representing landlord Stonelake Capital Partners. Meanwhile, tenant Harborcrest Industrial LLC was represented by Thomas Mercer of Mercer Company, facilitating the successful agreement between both parties.

Players

Brett Lewis

Lee & Associates

Broker

17 deals

Broker
Stonelake Capital Partners
Stonelake Capital PartnersLandlord
Harborcrest Industrial
Harborcrest IndustrialTenant

Dallas 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

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