An industrial property located at 6410 Cavalcade St in Houston, with a total area of 72,649 square feet and sitting on 4.9 acres of land, was recently involved in a closed transaction.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $5,500,000
• Loan Type: Acquisition Loan
• Loan Terms: five-year term and a 25-year amortization schedule

The transaction was facilitated by Matt Franke of Northmarq acting as the broker for the deal. The loan amount for the acquisition was $5,500,000, and the loan terms included a five-year term and a 25-year amortization schedule.