Texas Wireline Manufacturing Renews 20000 SF Lease At 8821 Forum Way Fort Worth With Landlord Knopf Family LP
8821 Forum Way
Building Size
20,000 SF
Asset Type
Industrial
Closing
Jun 16, 2025
AI
The property asset involved is located at 8821 Forum Way, Fort Worth, and has a total square footage of 20,000. It serves as the headquarters for Texas Wireline Manufacturing. The asset is managed by the landlord, Knopf Family LP.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Renewal lease
- Address: 8821 Forum Way
- Market: Fort Worth
- Landlord: Knopf Family LP
- Tenant: Dawn Petty - Texas Wireline Manufacturing
- Landlord's Representative: Jeremy Mercer - Mercer Company
- Tenant's Representative: Todd Lambeth - Bradford Commercial Real Estate Services
This transaction marks the renewal of Texas Wireline Manufacturing's headquarters lease after a one-week negotiation period. Todd Lambeth represented the tenant, while Jeremy Mercer represented the landlord in this closed transaction.
Players
Fort Worth 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