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Sonny Kalsi & Karen Guthrie...

Updated Sep 21, 2026

Sonny Kalsi & Karen Guthrie Of BGO Acquire 299,520-SF Heritage West Industrial In Katy, TX
SOLDIndustrial

Sonny Kalsi & Karen Guthrie Of BGO Acquire 299,520-SF Heritage West Industrial In Katy, TX

Building Size

299,520 SF

Asset Type

Industrial

Closing

Jun 23, 2026

About this deal

AI

The Heritage West industrial portfolio, located in Katy, TX, consists of a two-building, Class A logistics project with an expansive total square footage of 299,520. The asset is fully leased at the time of closing, reflecting active demand in the industrial sector. This off-market transaction underscores the appeal of newly constructed properties in strategic locations near major transportation routes such as I-10 and the Port of Houston.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not specified
  • Square Footage: 299,520
  • Address: Heritage West
  • Market: Katy, TX
  • Buyer: Sonny Kalsi & Karen Guthrie
  • Buying Company: BGO
  • Joint Venture Partner: Harbor Capital

Sonny Kalsi and Karen Guthrie, representing BGO, facilitated the acquisition of the Heritage West portfolio as part of a joint venture with Harbor Capital. The collaboration highlights a continued institutional interest in logistics properties, particularly those that offer fully leased, newly built assets, ensuring a steady income stream for investors.

Players

Sonny Kalsi

BGO

Buyer

$1.5B

vol

23 deals

Buyer
Harbor Capital
Harbor CapitalBuyer

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

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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