Lasko Products Expands Lease At Mapletree's 900 Terminal Road In Fort Worth
900 Terminal Road
Building Size
468,726 SF
Asset Type
Industrial
Closing
Dec 12, 2025
AI
The property asset involved in the transaction is an industrial facility located at 900 Terminal Road, Fort Worth. The total square footage of the property is 468,726, which is situated on 468,726 acres. The landlord of the property is Mapletree US Management, and the tenant is Lasko Products.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 900 Terminal Road
- Market: Fort Worth
- Square Footage: 468,726
- Landlord: Mapletree US Management
- Tenant: Lasko Products
- Brokers: Todd Hawpe, Jeff Givens & Lyndon Todd - TransWestern
In this deal, Lasko Products renewed its existing lease of 218,076 square feet and expanded by an additional 250,650 square feet, achieving total occupancy of the Mapletree-owned facility. The transaction was brokered by TransWestern, who facilitated the deal for the tenant, highlighting the benefits of the property's freight infrastructure and its prime access to major highways I-35 and I-820.
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