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Finial Group Leases Industrial Property To Dana Safety Supply In Somerville

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LEASED
Jack Gaffney
Jon Dandurand
Kevin Coleman

Texas

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Industrial12,397 SF
Leased
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Property Image
LEASED

Finial Group Leases Industrial Property To Dana Safety Supply In Somerville

9690 Farm-to-Market Road 50

See Similar Deals
Industrial12,397 SF
Leased
Jack Gaffney
Jon Dandurand
Kevin Coleman
the dealplayerscompscontact
Contact now

Summary

TEXAS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:12,397 SF
Transaction Type:Lease

The industrial property involved in the lease transaction is located at 9690 FM 50 in Somerville. The asset spans 12,397 square feet and features 28 loading positions. The lease was secured by Dana Safety Supply, with Jon Dandurand representing the landlord, Burr & Temkin, and Jack Gaffney & Kevin Coleman of Finial Group representing the tenant.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not specified
  • Tenant: Dana Safety Supply
  • Landlord's Rep: Jon Dandurand - Burr & Temkin
  • Tenant's Rep: Jack Gaffney & Kevin Coleman - Finial Group
  • Market: Somerville

Houston's Finial Group played a crucial role in brokering the 12,397-square-foot industrial lease. Jack Gaffney and Kevin Coleman represented the tenant, Dana Safety Supply, while Jon Dandurand of Burr & Temkin acted as the landlord's representative in this transaction.

Players

Jack Gaffney
Finial Group
Jack Gaffney
22 deals
BROKER
Jon Dandurand
Burr & Temkin
Jon Dandurand
1 deal(800) 965-2148
BROKER
Kevin Coleman
Finial Group
Kevin Coleman
1 deal
BROKER

Details

LEASED
IMAGE: Jon Dandurand, Jack Gaffney & Kevin Coleman DATE: 03/19/2024 ADDRESS: 9690 FM 50 MARKET: Somerville ASSET TYPE: Industrial ~ SF: 12,397 TENANT: Dana Safety Supply LANDLORD'S REP: Jon Dandurand - Burr & Temkin TENANT'S REP: Jack Gaffney (@DJ_Gaff) & Kevin Coleman - Finial Group (@FinialGroup) NOTE: Houston's Finial Group brokered a 12,397-square-foot industrial lease in Somerville, located 90 miles northwest of the city. The property, featuring 28 loading positions, was leased to Dana Safety Supply, with representation by Jack Gaffney and Kevin Coleman of Finial Group for the tenant and Jon Dandurand of Burr & Temkin for the landlord.

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Deal Type
Effective Rent (Annual)

$710,588.56

Total Lease Value

$7,105,885.59

Net Landlord Cash Flow$710,588.56