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2328 Ambition Way

Updated Sep 1, 2026

Kent Cos. Signs 39,894 Square Foot Industrial Lease With Brookfield Properties In Austin Texas
LEASEDIndustrial

Kent Cos. Signs 39,894 Square Foot Industrial Lease With Brookfield Properties In Austin Texas

2328 Ambition Way

Building Size

39,894 SF

Asset Type

Industrial

Closing

Aug 28, 2026

About this deal

AI

The property involved in this transaction is a 39,894-square-foot industrial asset located at 2328 Ambition Way in Austin, TX. The lease was signed by the tenant, Kent Cos., at the Tuscany X Crossing Business Park. The specific details regarding the price of the lease are not disclosed.

Summary of transaction details:

This lease transaction represents a strategic move for Kent Cos., signifying their relocation and expansion of regional specialty concrete operations. The representatives involved in this deal include Blake Patterson from Aquila Commercial representing the landlord and Luke Clardy from Bradford Commercial Real Estate Services representing the tenant.

Players

Blake Patterson

Aquila Commercial

Broker

3 deals

Broker
Kent Cos.
Kent Cos.Buyer
Brookfield Properties
Brookfield PropertiesLandlord

Way 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

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