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Escalante Golf Leases 25,000 SF Office Space In Fort Worth Cultural District

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LEASED
Chris Doggett
Kyle Poulson
+ 1

Texas

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Office50,000 SF
Leased 06/13/2024
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Property Image
LEASED

Escalante Golf Leases 25,000 SF Office Space In Fort Worth Cultural District

801 Foch Street & 1075 Foch Street

See Similar Deals
Office50,000 SF
Leased 06/13/2024
Chris Doggett
Kyle Poulson
+ 1
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Summary

TEXAS
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:50,000 SF
Transaction Type:Lease

The office asset located at 801-1075 Foch Street in Fort Worth, spanning 25,000 square feet, has been leased to Elico Silva of Escalante Golf. The landlord, Terry Brown of Asana Partners, successfully secured Escalante Golf as a tenant in the Cultural District, with the property poised for $1.2 million in renovations.

Summary of transaction details:

Asana Partners, represented by Chris Doggett & Matthew Cheney of Stream Realty Partners, successfully closed the deal with Elico Silva, who was represented by Gibson Duwe & Kyle Poulson of Transwestern. The transaction marks a significant milestone for the Foch Street Warehouses as it enters a phase of revitalization with substantial investments in the bustling area.

Players

Chris Doggett
2 deals
BROKER

Gibson Duwe
Transwestern
3 deals
BROKER

Kyle Poulson
Transwestern
1 deal(817) 259-3520
BROKER

Details

LEASED
IMAGE: Terry Brown, Chris Doggett, Matthew Cheney, Gibson Duwe & Kyle Poulson DATE: 06/13/2024 ADDRESS: 801-1075 Foch Street MARKET: Fort Worth ASSET TYPE: Office ~ SF: 25,000 LANDLORD: Terry Brown - Asana Partners (@AsanaPartners) TENANT: Elico Silva - Escalante Golf LANDLORD'S REP: Chris Doggett (@DoggsChris) & Matthew Cheney - Stream Realty Partners⁠ (@StreamRealtyPartners) TENANT'S REP: Gibson Duwe & Kyle Poulson (@KyleandGibsonrealestate) - Transwestern (@Transwestern) NOTE: Asana Partners secured Escalante Golf as a 25,000-square-foot office tenant at Foch Street Warehouses in Fort Worth’s Cultural District. This mixed-use development, set for $1.2 million in renovations, is part of a booming area attracting significant investment and new projects. ⁠

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Deal Type
Effective Rent (Annual)

$2,865,969.83

Total Lease Value

$28,659,698.28

Net Landlord Cash Flow$2,865,969.83