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1415 & 1425 Whitlock Lane

Arthur B. Birtcher And Eliza Bailey Sell 49,650-SF Industrial Property In Carrollton Texas
SOLD

Arthur B. Birtcher And Eliza Bailey Sell 49,650-SF Industrial Property In Carrollton Texas

1415 Whitlock Lane & 1425 Whitlock Lane

Building Size

99,300 SF

Asset Type

Closing

May 28, 2026

AI

The transaction involved a two-building industrial property located at 1415 & 1425 Whitlock Lane in Carrollton, Texas. This asset encompasses a total square footage of 49,650 and was fully leased at the time of the exit. The property was acquired by the sellers in 2021 and benefited from a strategic plan focused on rent growth and renovations. The rents increased by approximately 43% from the acquisition levels, reflecting the strong demand for infill industrial space in North Dallas.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not specified
  • Address: 1415 & 1425 Whitlock Lane
  • Market: Carrollton, TX
  • Square Footage: 49,650
  • Seller: Arthur B. Birtcher - Birtcher Anderson & Davis Associates
  • Seller: Eliza Bailey - Belay Investment Group
  • Date of Transaction: 05/28/2026

Arthur B. Birtcher, representing Birtcher Anderson & Davis Associates, along with Eliza Bailey from Belay Investment Group, facilitated the sale of the Whitlock I industrial property. Both sellers implemented a successful strategy that significantly enhanced the asset's performance in the competitive North Dallas market.

Players

Arthur B. Birtcher

Birtcher Anderson & Davis Associates

Seller

$7.4M

vol

3 deals

Seller
BG
Belay Investment GroupSeller

Market CRE Market Snapshot

Boundary boundary · CRE · 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