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100 Empire Boulevard

Sonny Kalsi And John Carrafiell Of BGO Acquire Industrial Asset Fully Leased To Tesla In Brookshire
SOLDIndustrial

Sonny Kalsi And John Carrafiell Of BGO Acquire Industrial Asset Fully Leased To Tesla In Brookshire

100 Empire Boulevard

Building Size

1,655,523 SF

Asset Type

Industrial

Closing

Feb 23, 2026

AI

The property asset involved in the transaction is an industrial property located at 100 Empire Boulevard in the Brookshire market. The asset has a total square footage of 1,655,523 and is fully leased to Tesla.

Summary of transaction details:

The transaction represents a sale of Buildings 9 and 10 at Empire West on behalf of an institutional buyer, continuing a trend of institutional demand for fully leased industrial assets within Houston’s West submarket. This emphasizes the interest in properties with strong tenant rosters and long-term investment-grade leases.

Players

Matteson Hamilton

Stream Realty Partners⁠

Broker

9 deals

Broker
Eastdil Secured
Eastdil SecuredBrokerage
Sonny Kalsi

Sonny Kalsi

BGO

Buyer

$1.3B

vol

19 deals

Buyer

Brookshire Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

Loading comparables…

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