A&R Logistics Leases Industrial Property In Houston Baytown By Mark Holden And Michael J. Plank
LEASED
Texas
See Similar DealsIndustrial133,333 SF
Leased 06/16/2020
LEASED
A&R Logistics Leases Industrial Property In Houston Baytown By Mark Holden And Michael J. Plank
Ameriport Parkway, Baytown, TX, USA
See Similar DealsIndustrial133,333 SF
Leased 06/16/2020
Summary
TEXAS
Asset Type:Industrial
Total Square Footage:133,333 SF
Transaction Type:Lease
A lease transaction was completed on AmeriPort Pkwy in Houston's Baytown market. The asset involved in the deal is an industrial property spanning 133,333 square feet.
Summary of transaction details
- Property Type: Industrial
- Transaction Date: 06/16/2020
- Address: AmeriPort Pkwy, Houston
- Market: Baytown
- Tenant: A&R Logistics - Mark Holden
- Landlord: National Property Holdings - Michael J. Plank
- Broker: Colliers International - Charles G. Fertitta Jr. & Robert Alinger
In this lease transaction, A&R Logistics, represented by Mark Holden, acquired the lease of the industrial property from National Property Holdings, represented by Michael J. Plank. The deal was facilitated by Charles G. Fertitta Jr. and Robert Alinger of Colliers International.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$7,642,567.10
Total Lease Value
$76,425,671.01
Net Landlord Cash Flow$7,642,567.10
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