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
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