Taurus Investment Holdings, LLC Acquires Industrial Portfolio In Atlanta, Chicago, Dallas, Houston, New Jersey & Philadelphia For $423.5M
Philadelphia, Pennsylvania, United States
$423,500,000
$106/SF
Building Size
3,962,339 SF
Asset Type
Industrial
Closing
Jan 26, 2022
AI
An industrial portfolio has been sold for a total of $423,500,000 in a recent transaction. The portfolio is located in Atlanta, Chicago, Dallas, Houston, New Jersey, and Philadelphia. The portfolio consists of industrial properties with a total area of 3,962,339 square feet. The price per square foot for this transaction is $107.
Summary of transation details
- Property Type: Industrial
- Transaction Amount: $423,500,000
- Address: Industrial Portfolio
- Market: Atlanta, Chicago, Dallas, Houston, New Jersey & Philadelphia
- Square Footage: 3,962,339
The buyer of the industrial portfolio is Taurus Investment Holdings, LLC, represented by Peter Merrigan.
Philadelphia 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
0.04%
Cash-on-Cash
-0.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93