Capital Commercial Investments Leases 25,000 Square Feet Office To Continental Battery Systems In Irving

The asset involved in this transaction is an office building located at 750 West John W Carpenter Freeway in Irving, TX. The property spans 25,000 square feet and has been leased by Continental Battery Systems, which is relocating its headquarters from Dallas to this new location.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: 10-year lease
• Landlord: Paul D. Agarwal - Capital Commercial Investments
• Tenant: Mike Harris - Continental Battery Systems
• Incentives Package: $75,000
• Job Creation Requirement: At least 75 jobs
• Average Salary of Jobs: $119,000

Paul D. Agarwal represents Capital Commercial Investments as the building owner, while Mike Harris represents Continental Battery Systems as the tenant in this lease agreement. The lease terms involve a commitment of 10 years, which is significant for both the landlord and the tenant due to the associated incentives from the City of Irving.