Henry Steinberg Of EQT Real Estate Acquires 7409 Mink Street Industrial Building For $89M
7409 Mink Street Southwest
$89,000,000
$47/SF
Building Size
1,892,800 SF
Asset Type
Industrial
Closing
Aug 13, 2025
AI
The property involved in this transaction is an industrial asset located at 7409 Mink Street Southwest in Pataskala, OH. The sale price was set at $89,000,000. This asset encompasses 946,400 square feet and spans across 80 acres, with a price per square foot of $94.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $89,000,000
- Address: 7409 Mink Street Southwest, Pataskala, OH
- Square Footage: 946,400
- Price Per Square Foot: $94
- Buyer: Henry Steinberg - EQT Real Estate
- Seller: William C. Smith, Jr. - Red Rock Developments
- Broker: Alex Cantu - Colliers
This deal involved key players, including Henry Steinberg of EQT Real Estate, who was the buyer, and William C. Smith, Jr. from Red Rock Developments, who served as the seller. Alex Cantu from Colliers represented Red Rock in this transaction.
Players
Pataskala 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
0.18%
Cash-on-Cash
-0.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93