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Highland Homes Leases 8,500 SF Office Space At Hillwood Commons II In Fort Worth
LEASED
Texas
See Similar DealsOffice8,500 SF
Leased 03/01/2024
LEASED
Highland Homes Leases 8,500 SF Office Space At Hillwood Commons II In Fort Worth
9900 Hillwood Parkway
See Similar DealsOffice8,500 SF
Leased 03/01/2024
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.
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Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$487,214.87
Total Lease Value
$4,872,148.71
Net Landlord Cash Flow$487,214.87
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