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Box Equities Acquires Indus...

Box Equities Acquires Industrial Asset In Ohio For $41.9 Million With Golden Lion Capital Investments As Buyer's Rep
SOLDIndustrial

Box Equities Acquires Industrial Asset In Ohio For $41.9 Million With Golden Lion Capital Investments As Buyer's Rep

$41,900,000

$67/SF

Building Size

625,060 SF

Asset Type

Industrial

Closing

Feb 4, 2026

AI

This transaction involved the sale of an industrial property located in Ohio, characterized as a Class A single tenant building with a total square footage of 625,000 and a sale price of $41,900,000, translating to a price per square foot of $67.04.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $41,900,000
  • Square Footage: 625,000
  • Price Per Square Foot: $67.04
  • Buyer: Ori Schwartz - Box Equities
  • Buyer's Representatives: Lyman Phillips & Gene Verett - Golden Lion Capital Investments
  • Seller's Representative: Katherine Weaver - Pegasus Investments Real Estate Advisory
  • Referring Party: Tiffany Aflalo - C&D Capital Investments

Golden Lion Capital is pleased to announce the successful closing of this acquisition, marking the second deal completed together with the buyer, Box Equities. This highlights the collaborative efforts of Golden Lion Capital in representing Box Equities throughout this transaction.

Players

Lyman Phillips

Golden Lion Capital Investments

Broker

$439.2M

vol

26 deals

Broker

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

0.38%

Cash-on-Cash

-0.11%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93