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Cummins Clean Fuel Technologies Leases 160,000 SF Industrial Facility In Roanoke, TX

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LEASED
Reid Goetz
Michael Haggar
+ 1

Texas

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Industrial160,000 SF
Leased 05/03/2023
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LEASED

Cummins Clean Fuel Technologies Leases 160,000 SF Industrial Facility In Roanoke, TX

Roanoke, Texas, United States

See Similar Deals
Industrial160,000 SF
Leased 05/03/2023
Reid Goetz
Michael Haggar
+ 1
Contact now

Summary

TEXAS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:160,000 SF
Transaction Type:Lease

Cummins Clean Fuel Technologies, a company specializing in alternative fuel technology, will fully occupy a 160,000-square-foot industrial facility in Roanoke, Texas. The facility is located within the 27,000-acre AllianceTexas development and is owned by Hillwood. The property is situated approximately 18 miles northwest of the Dallas-Fort Worth International Airport.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: Not available
  • Address: About 18 miles northwest of the Dallas-Fort Worth International Airport
  • Market: Roanoke
  • Size: 160,000 square feet

Cummins Clean Fuel Technologies will occupy the industrial facility to manufacture natural gas fuel. The deal was facilitated by JLL's representatives, Michael Haggar and John Worthen, who represented the tenant. Samuel Rhea and Reid Goetz, representing Hillwood, acted as the landlord's representatives in this transaction.

Players

Samuel Rhea
3 deals
BROKER

Reid Goetz
Hillwood
3 deals
BROKER

Michael Haggar
JLL
2 deals
BROKER

John Worthen
JLL
2 deals
BROKER

LANDLORD

Details

LEASED
IMAGE: Michael Haggar & John Worthen DATE: 05/03/2023 ADDRESS: About 18 miles northwest of the Dallas-Fort Worth International Airport MARKET: Roanoke ASSET TYPE: Industrial ~ SF: 160,000 LANDLORD: Hillwood TENANT: Cummins Clean Fuel Technologies - Mike Zimmerman LANDLORD'S REP: Samuel Rhea & Reid Goetz - Hillwood TENANT'S REP: Michael Haggar & John Worthen - JLL (@JLL) NOTE: Cummins Clean Fuel Technologies, a company specializing in alternative fuel technology, will fully occupy a 160,000-square-foot industrial facility in Roanoke, Texas, within the 27,000-acre AllianceTexas development. The company plans to use the space to manufacture natural gas fuel in the facility, located approximately 18 miles northwest of the Dallas-Fort Worth International Airport and owned by Hillwood.

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Deal Type
Effective Rent (Annual)

$9,171,103.45

Total Lease Value

$91,711,034.49

Net Landlord Cash Flow$9,171,103.45