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Michael Klein Of Glenstar And Seth Singerman Of Singerman Real Estate Lease 26000 SF Office To M1 Support Services In Westlake
LEASED
Texas
See Similar DealsOffice26,000 SF
Leased 09/08/2025
LEASED
Michael Klein Of Glenstar And Seth Singerman Of Singerman Real Estate Lease 26000 SF Office To M1 Support Services In Westlake
1500 Solana Boulevard
See Similar DealsOffice26,000 SF
Leased 09/08/2025
Summary
TEXAS
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:26,000 SF
Transaction Type:Lease
The property asset involved in this transaction is located at 1500 Solana Boulevard in Westlake. It encompasses 26,000 square feet of office space within the Terraces at Solana complex, which spans 1.1 million square feet. The complex is owned by Glenstar, based in Chicago, and Singerman Real Estate.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Square Footage: 26,000
- Address: 1500 Solana Boulevard
- Market: Westlake
- Landlord: Michael Klein - Glenstar & Seth Singerman - Singerman Real Estate
- Tenant: M1 Support Services
M1 Support Services has entered into a lease agreement to occupy the space at the Terraces at Solana, relocating from Denton. This transaction reflects the ongoing activity within the office real estate market in the Westlake area.
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$1,490,304.31
Total Lease Value
$14,903,043.10
Net Landlord Cash Flow$1,490,304.31
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