eXp Commercial continues making headlines as its team of high-performing commercial advisors is striking major deals across the country. Bill de la Chapelle (SIOR) and Sharon Cramer, longtime commercial agents in Texas, just watched the ink dry on two major lease deals.
Coppell Yields a 289,000-Sq. Ft. Lease Deal
The first transaction was in Coppell, Texas, a major distribution hub northwest of Dallas, with proximity to DFW International Airport and major interstates. Bill and Sharon handled the lease deal on an industrial supply company building (photo above) that spans 289,000 square feet. It’s a long-term lease deal and is a triple net lease agreement (i.e., the tenant pays real estate taxes, building insurance, and maintenance in addition to rent and utilities.)
Bill said it was a renewal of an existing lease for an existing client and he was in talks with both sides for 18 months.
Denton Facility a Relocation and Expansion Deal
The second deal was in Denton, Texas, located at the northwestern intersection of Interstate 35E and Interstate 35W. This deal was similar to the Coppell transaction: an industrial equipment manufacturing company, with a square footage of 249,000 and a long-term, triple-net lease deal. Bill and Sharon spent 24 months with an existing client to find this facility for relocation and expansion.
Bill stated “Both transactions are a byproduct of the dynamic economy in the Dallas/Fort Worth metro area. With DFW’s position as the No. 1 industrial market in the United States, many companies are looking to expand their operations.”
Bill and Sharon specialize in tenant representation for distribution and logistics companies on a national basis. Bill and Sharon both joined eXp Commercial in May 2023 for its entrepreneurial approach to brokerage.
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