Cross Development Acquires Development Site In Lubbock From Zephyr Tree Farms
SOLD
Texas
See Similar DealsDevelopment Site
Sold 05/03/2024
SOLD
Cross Development Acquires Development Site In Lubbock From Zephyr Tree Farms
0 Marsha Sharp Freeway
See Similar DealsDevelopment Site
Sold 05/03/2024
Summary
TEXAS
Asset Type:Development Site
Transaction Type:Sale
The development site located at 0 Marsha Sharp Fwy Land in Lubbock, with a total square footage of 87,120 square feet, was recently part of a transaction between Cross Development and Zephyr Tree Farms.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: Not Disclosed
- Buyer: Cross Development
- Seller: Zephyr Tree Farms
- Buyer's Rep: Preston Wolfe - Independence Commercial Real Estate
- Seller's Rep: Landon Cole - Moody Rambin
The deal involved key individuals such as Preston Wolfe from Independence Commercial Real Estate, representing Cross Development, and Landon Cole from Moody Rambin, representing Zephyr Tree Farms in the transaction.
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30 years
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Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$0.00
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
0.00%
Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00
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