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
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
0.02%
Cash-on-Cash
-0.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93