The Michaels Companies Leases Office Space In Irving
LEASED
Texas
See Similar DealsOffice1,237,400 SF
Leased 07/23/2020
LEASED
The Michaels Companies Leases Office Space In Irving
3939 W John Carpenter Fwy, Irving, TX 75063, USA
See Similar DealsOffice1,237,400 SF
Leased 07/23/2020
Summary
TEXAS
Asset Type:Office
Total Square Footage:1,237,400 SF
Transaction Type:Lease
Located at 3939 West John Carpenter Freeway in Irving, this 123,740 square foot office property was involved in a lease transaction.
Summary of transaction details
- Property Type: Office
- Transaction Date: 07/23/2020
- Tenant: The Michaels Companies
- Landlord: Accesso
- Tenant's Representative: Jamie Jennings - Stream Realty Partners, Damian Rivera - ESRP
- Landlord's Representative: John Brownlee & Michael Williams - JLL
The lease deal was represented by Jamie Jennings from Stream Realty Partners and Damian Rivera from ESRP, who served as the tenant's representatives. On the landlord's side, John Brownlee and Michael Williams from JLL acted as the landlord's representatives.
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$70,927,021.30
Total Lease Value
$709,270,213.00
Net Landlord Cash Flow$70,927,021.30
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