Updated Sep 9, 2026
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:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Address: 8721 Forney Road
- Market: Dallas, TX
- Landlord: Stonelake Capital Partners
- Tenant: Harborcrest Industrial LLC
- Landlord's Representative: Taylor Stell & Brett Lewis - Lee & Associates
- Tenant's Representative: Thomas Mercer - Mercer Company
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
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