Updated Jun 23, 2025
Dawie Swart Of Investicore Purchases Atlas Sign Industries Portfolio From Rob Rierson For $9.06M
Atlas Sign Industries Portfolio
$9,062,000
$70/SF
Building Size
128,754 SF
Asset Type
Industrial
Closing
May 19, 2019
About this deal
AI
The property involved in this transaction is an industrial asset located at Atlas Sign Industries Portfolio. The transaction closed on May 19, 2019, with a sale price of $9,062,000.00. The size of the asset is 128,754 square feet, and it falls within the Atlas market.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $9,062,000.00
- Address: Atlas Sign Industries Portfolio
- Market: Atlas
- Square Footage: 128,754.0
- Buyer: Dawie Swart (Investicore)
- Seller: Rob Rierson (Store Capital)
- Brokers: Tyler Kuhlman
This transaction involved Dawie Swart representing Investicore as the buyer while Rob Rierson represented Store Capital as the seller, facilitated by broker Tyler Kuhlman, who played a key role in the deal.
Players
Atlas 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
1.75%
Cash-on-Cash
-0.50%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93