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Western Pacific Building Materials Inc Leases 101900 Square Feet In Irving Texas From Prologis

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LEASED

Texas

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Industrial
Leased 07/01/2024
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LEASED

Western Pacific Building Materials Inc Leases 101900 Square Feet In Irving Texas From Prologis

9000 North Royal Lane

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Industrial
Leased 07/01/2024
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Summary

TEXAS
Asset Type:Industrial
Transaction Type:Lease

The property is located at 9000 North Royal Lane in Irving, Texas. This industrial asset consists of 101,900 square feet of space and is part of Prologis Freeport Distribution Center Building 2. The transaction involves leasing the space to Western Pacific Building Materials Inc., which will utilize it as a wholesale distribution center.

Summary of transaction details:

This lease marks the establishment of Western Pacific Building Materials Inc.'s third wholesale distribution center in Texas. The involvement of multiple representatives highlights the collaborative effort in securing the lease for the tenant, facilitated by Joe Santaularia's expertise at Bradford Commercial Real Estate Services.

Players

Jeremy Kelly
13 deals(469) 767-2075
BROKER


Details

LEASED
IMAGE: Jeremy Kelly & Joe Santaularia DATE: 07/01/2024 ADDRESS: 9000 North Royal Lane MARKET: Irving ASSET TYPE: Industrial LANDLORD: Prologis TENANT: Western Pacific Building Materials Inc LANDLORD'S REP: Jeremy Kelly - Stream Realty Partners⁠ & MitchPruitt - Prologis TENANT'S REP: Joe Santaularia - Bradford Commercial Real Estate Services NOTE: Oregon-based Western Pacific Building Materials Inc. swiftly secured and moved into 101,900 square feet of industrial space at Prologis Freeport Distribution Center Building 2 in Irving, Texas, marking its third wholesale distribution center in the state. ⁠

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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