facebook
Traded Co logo
Submit
Daily limit: 0/10

GPR Ventures Secures $23.4M Loan For Acquisition Of DFW Corporate Park In Grand Prairie

Property Image
FINANCED
$23,400,000

Texas

See Similar Deals
Industrial211,000 SF
Financed 12/28/2023
the dealplayerscompscontact
Property Image
FINANCED

GPR Ventures Secures $23.4M Loan For Acquisition Of DFW Corporate Park In Grand Prairie

2100 N State Highway 360

See Similar Deals
Industrial211,000 SF
Financed 12/28/2023
Contact now

Summary

TEXAS
Asset Type:Industrial
Price Per Square Foot:$110
Total Square Footage:211,000 SF
Transaction Type:Loan

A California-based company, GPR Ventures, has secured a $23.4 million acquisition loan from Gantry Inc. The loan was obtained for the purchase of DFW Corporate Park, an industrial complex located in Grand Prairie, Texas. The property spans 211,000 square feet and consists of 22 buildings, which offer warehouse, office, and showroom space. Situated along State Highway 360, the complex presents a prime location for businesses.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $23,400,000
  • Address: 2100 North State Highway 360, Grand Prairie, Texas
  • Market: Grand Prairie
  • Landlord: Glen Yonekura - GPR Ventures
  • Lender: Gantry
  • Loan Type: Acquisition Loan

Glen Yonekura, representing GPR Ventures, acted as the landlord in this transaction. Gantry Inc. served as the lender, arranging the financing for the acquisition of the DFW Corporate Park by GPR Ventures. This deal enables GPR Ventures to expand its portfolio with a significant industrial asset in Grand Prairie.

Players

BROKERAGE

Gantry
LENDER

Details

FINANCED
IMAGE: Glen Yonekura DATE: 12/28/2023 ADDRESS: 2100 North State Highway 360 MARKET: Grand Prairie ASSET TYPE: Industrial ~ SF: 211,000 LENDER: Gantry LANDLORD: Glen Yonekura - GPR Ventures LOAN AMOUNT: $23,400,000 LOAN TYPE: Acquisition Loan NOTE: California-based GPR Ventures has obtained $23.4 million in financing, arranged by Gantry Inc., for its acquisition of the 211,000-square-foot DFW Corporate Park in Grand Prairie, Texas. The industrial complex, featuring 22 buildings with warehouse, office, and showroom space, is located along State Highway 360.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$23,400,000.00

Monthly NOI$156,000.00
Monthly Debt Service$147,903.92
Change in Cash Flow$0.00
Refinance Proceeds$0.00