Richard Prokup Of Mapletree Investments Acquires Industrial Portfolio From Sean Dalfen For $207.5M
$207,500,000
$148/SF
Building Size
1,400,000 SF
Asset Type
Industrial
Closing
Apr 1, 2026
AI
An industrial portfolio of 19 properties has been sold across the Dallas-Fort Worth, Chicago, Cincinnati, and Indianapolis markets. The total sale price for the portfolio amounted to $207,500,000, encompassing an approximate total of 1,400,000 square feet at a price per square foot of $148.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $207,500,000
- Buyer: Richard Prokup - Mapletree Investments
- Seller: Sean Dalfen - Dalfen Industrial
- Brokers: Jack Fraker, Dom Espinosa & Travis McEldowney - Newmark
- Market: Dallas-Fort Worth, Chicago, Cincinnati, and Indianapolis
- Square Footage: 1,400,000
- Price Per Square Foot: $148
Jack Fraker, Dom Espinosa, and Travis McEldowney of Newmark represented the buyer, Mapletree Investments, in this transaction. The seller, Dalfen Industrial, did not utilize outside brokers for this deal.
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
0.08%
Cash-on-Cash
-0.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93