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With a Spirit of Innovation and a Focus on Community Transformation, The Architectural Team Celebrates 50 Years of Design Impact and Leadership
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CHRIS CHRISTIAN - Texas Music Magazine
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NetSTREIT Corp. (NTST) Q4 2020 Earnings Call Transcript Motley Fool Transcribing © The Motley Fool Logo of jester cap with thought bubble.
NetSTREIT Corp. (NYSE: NTST)
You may begin.
Chief Operating Officer
We thank you for joining us for NetSTREIT s fourth-quarter and full-year 2020 earnings conference call. In addition to the press release distributed yesterday after market close, we posted a supplemental package and an updated investor presentation. Both can be found in the Investor Relations section of the company s website at www.netstreit.com. On today s call, management s remarks and answers to your questions may contain forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995.
JV Signs Full-Building Tenant at Pennsylvania Facility
The partnership of Trammell Crow Co. and Diamond Realty Investments broke ground on the development in 2018 and completed the construction last year. Mar052021
Image courtesy of Trammell Crow
Trammell Crow Co. and Diamond Realty Investments have signed a full-building lease with a major e-commerce company at Valley View Trade Center, a 1,027,660-square-foot industrial property in Jessup, Pa. Last December, the joint venture completed the shell buildings at Innovation Business Center, a 403,600-square-foot industrial project in Newnan, Ga.
Valley View came online last August. The partnership broke ground on the development in 2018, after securing construction financing from Texas Capital Bank. The distribution facility features a 40-foot clear height, 190-foot deep truck courts, ESFR sprinklers and 159 dock positions, which can be expanded to 209. The property also has 277 parking spots for cars and 311 for