Jeff Small, Jr. & Houston Hawley Of MDH Partners Acquire Six-Property Industrial Portfolio For $165M
$165,000,000
$111/SF
Building Size
1,475,580 SF
Asset Type
Industrial
Closing
Nov 4, 2025
AI
MDH Partners acquired a six-property Class-A industrial portfolio for $165,000,000 across multiple locations including 7601 Riviera Boulevard, 10501 Cold Storage Road, 167 International Boulevard, 780 Hartman Road, 2775 Ted Bushelman Boulevard, and 9750 Innovation Campus Way, encompassing a total of 1,475,580 square feet. The properties are situated in the Miramar and Jacksonville areas of Florida, as well as Louisville, Kentucky, Atlanta, Georgia, and Cincinnati, Ohio.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $165,000,000
- Square Footage: 1,475,580
- Price Per Square Foot: $112
- Buyer: Jeff Small, Jr. & Houston Hawley - MDH Partners
- Broker: JLL
The transaction involved representation from JLL for the seller, highlighting the fully leased nature of the portfolio that includes notable tenants such as GE Aerospace, Hims, and AmerisourceBergen.
Players
Market Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.10%
Cash-on-Cash
-0.03%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93