Alluvion Partners Acquires Industrial Property At 7209 Cessna Drive Greensboro From Hill Family
7209 Cessna Drive
Building Size
10,000 SF
Asset Type
Industrial
Closing
Nov 13, 2025
AI
The property involved in this transaction is an industrial building located at 7209 Cessna Drive, Greensboro, NC. The asset boasts a total square footage of 10,000. This building was part of a closed transaction between the buyer and seller without any public listing.
Summary of transation details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Market: Greensboro, NC
- Buyer: Alluvion Partners
- Seller: Hill Family
- Brokers: David Salameh & Marc D. Smouha - CorePoint RE
This transaction was facilitated by brokers David Salameh and Marc D. Smouha from CorePoint RE, indicating a professional representation in navigating this off-market deal. The brokers are active nationwide and have expressed a willingness to connect for future opportunities.
Players
Greensboro 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