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Highland Homes Leases 8,500 SF Office Space At Hillwood Commons II In Fort Worth

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LEASED

Texas

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Office8,500 SF
Leased 03/01/2024
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LEASED

Highland Homes Leases 8,500 SF Office Space At Hillwood Commons II In Fort Worth

9900 Hillwood Parkway

See Similar Deals
Office8,500 SF
Leased 03/01/2024
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Summary

TEXAS
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:8,500 SF
Transaction Type:Lease

An 8,500-square-foot office lease was signed by Highland Homes at Hillwood Commons II in North Fort Worth's Alliance Town Center. The property, located at 9900 Hillwood Parkway, will serve as Highland Homes' fifth office location in Texas, accommodating up to 175 employees.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not Applicable
  • Address: 9900 Hillwood Parkway
  • Market: Fort Worth
  • Tenant: Rod Sanders & Jean Ann Brock - Highland Homes
  • Tenant Capacity: Up to 175 employees
  • BROKERS: Kim Lyon & Scott Hobbs - Newmark

Scott Hobbs and Kim Lyon of Newmark played a key role in facilitating the lease negotiations for Highland Homes at Hillwood Commons II. The deal is set for Highland Homes to relocate to the new office space this summer.

Players

Kim Lyon
2 deals
BROKER

Scott Hobbs
Newmark
2 deals
BROKER

Details

LEASED
IMAGE: Rod Sanders, Jean Ann Brock, Kim Lyon & Scott Hobbs DATE: 03/01/2024 ADDRESS: 9900 Hillwood Parkway MARKET: Fort Worth ASSET TYPE: Office ~ SF: 8,500 TENANT: Rod Sanders & Jean Ann Brock (@JeanAnnBrock) - Highland Homes (@HighlandHomesTX) BROKERS: Kim Lyon & Scott Hobbs - Newmark (@Newmark) NOTE: Highland Homes signed an 8,500-square-foot office lease at Hillwood Commons II in North Fort Worth's Alliance Town Center, marking their fifth office in Texas and accommodating up to 175 employees. Scott Hobbs and Kim Lyon of Newmark facilitated the lease negotiations, with Highland Homes planning to move in this summer.

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Deal Type
Effective Rent (Annual)

$487,214.87

Total Lease Value

$4,872,148.71

Net Landlord Cash Flow$487,214.87