CEC Facilities Leases 379009 SF Industrial Space From Brookfield Properties In Grand Prairie
2051 Macarthur Boulevard
Building Size
379,009 SF
Asset Type
Industrial
Closing
Mar 24, 2026
AI
The property asset is located at 2051 Macarthur Boulevard in Grand Prairie, with a total square footage of 379,009. It is categorized as industrial real estate. The landlord of this property is Brookfield Properties.
Summary of transation details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 2051 Macarthur Boulevard
- Market: Grand Prairie
- Landlord: Brookfield Properties
- Tenant: Daniel Williams - CEC Facilities
- Landlord's Representative: Nathan Lawrence, Krista Raymond & Will Carney - KBC Advisors
- Tenant's Representatives: David Davidson Jr, David Guinn & Colt Power - Davidson Bogel Real Estate
CEC Facilities leased the space to expand its prefabrication and modular manufacturing hub, reflecting the company's strategy to enhance their North Texas operations and meet the growing demand for mission-critical infrastructure associated with data centers and industrial projects.
Players
Grand Prairie Industrial Market Snapshot
Boundary boundary · Industrial · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93