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Barry Sternlicht Of Starwoo...

Barry Sternlicht Of Starwood Capital Group Acquires Industrial Asset From David Solomon And Sean Dalfen For $685M In Texas And Georgia
SOLDIndustrial

Barry Sternlicht Of Starwood Capital Group Acquires Industrial Asset From David Solomon And Sean Dalfen For $685M In Texas And Georgia

$685,000,000

Building Size

Asset Type

Industrial

Closing

Mar 26, 2025

AI

The transaction involves an industrial asset located in the markets of Dallas & Austin, TX; Atlanta, GA; and Nashville, TN. The sale of the asset was executed at a price of $685,000,000.00.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $685,000,000.00
  • Buyer: Barry Sternlicht - Starwood Capital Group
  • Seller: David Solomon - Goldman Sachs; Sean Dalfen - Dalfen Industrial
  • Date of Sale: 03/26/2025

Barry Sternlicht represents Starwood Capital Group as the buyer, while David Solomon represents Goldman Sachs, and Sean Dalfen represents Dalfen Industrial as sellers in this transaction.

Players

Barry Sternlicht

Starwood Capital Group

Buyer

$10B

vol

46 deals

Buyer
David Solomon

David Solomon

Goldman Sachs

Seller

$2.3B

vol

6 deals

Seller
Amazon
AmazonTenant

Market Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.02%

Cash-on-Cash

-0.01%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93