Updated Mar 4, 2026
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
About this deal
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.
On the Map
Industrial
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Players
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