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4815 North Interstate 35

Baer Manufacturing Leases 606000 Square Feet At CrossPoint Business District In Georgetown
LEASEDIndustrial

Baer Manufacturing Leases 606000 Square Feet At CrossPoint Business District In Georgetown

4815 North Interstate 35

Building Size

606,000 SF

Asset Type

Industrial

Closing

Feb 10, 2026

AI

The property involved in this transaction is an industrial asset located at 4815 North Interstate 35 in Georgetown. It encompasses a total square footage of 606,000. The lease was signed by Baer Manufacturing, known as BaerMfg, with Michele Wheeler from Jackson-Shaw acting as the landlord.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not specified
  • Address: 4815 North Interstate 35
  • Market: Georgetown
  • Landlord: Michele Wheeler - Jackson-Shaw
  • Tenant: Baer Manufacturing (BaerMfg)
  • Brokers: Darryl Dadon & Olivia Reed - CBRE
  • Construction Timeline: Starts in March 2026 and ends in mid-2027
  • Contractors: ARCO/Murray and Ryan

Darryl Dadon and Olivia Reed from CBRE are managing the leasing aspect of this transaction, ensuring effective communication and coordination between the landlord and the tenant throughout the leasing process.

Players

Darryl Dadon

CBRE

Broker

7 deals

Broker
Lewis W. Shaw

Lewis W. Shaw

Jackson-Shaw

Landlord

3 deals

Landlord
Baer Manufacturing
Baer Manufacturing Tenant

Georgetown 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