Updated Dec 3, 2024
Amazon Leases Industrial Property In Kyle From Majestic Realty
1980 Kohlers Crossing, Kyle, TX 78640, USA
Building Size
1,200,000 SF
Asset Type
MultiFamily
Closing
Jul 20, 2020
About this deal
AI
An industrial property located at 1980 Kohlers Crossing in Kyle has been leased to Amazon CEO Jeff Bezos. The property spans across 308,000 square feet and is owned by Majestic Realty, represented by Edward P. Roski Jr. This lease transaction was finalized on July 21, 2020.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: Not available
- Tenant: Jeff Bezos - Amazon
- Landlord: Edward P. Roski Jr. - Majestic Realty
Edward P. Roski Jr., the representative for Majestic Realty, facilitated the lease agreement between Amazon CEO Jeff Bezos and Majestic Realty. The industrial property, situated at 1980 Kohlers Crossing in Kyle, spans across 308,000 square feet and provides ample space for Amazon's operations. This agreement further strengthens the partnership between Jeff Bezos and Majestic Realty in the real estate market.
Players
Market MultiFamily Market Snapshot
Boundary boundary · MultiFamily · 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