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1000 West Crosby Road

Buligo Capital Purchase Industrial Property In Dallas, Texas
SOLDIndustrial

Buligo Capital Purchase Industrial Property In Dallas, Texas

1000 West Crosby Road

Building Size

217,720 SF

Asset Type

Industrial

Closing

May 1, 2024

AI

The industrial property located at 1000 West Crosby Road in Valwood - Dallas, Texas spans 217,720 square feet. The transaction involved the sale of this industrial asset by Buligo Capital to Tal Barazani and Asaf Arieli.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not Disclosed
  • Buyer: Tal Barazani & Asaf Arieli - Buligo Capital
  • Broker: Rich Young Jr.

Tal Barazani and Asaf Arieli, representing Buligo Capital, acquired the industrial property with a focus on purchasing value-add and stabilized single/multi-tenant industrial products in Texas. With a significant transaction history amounting to $4.4 billion, Buligo Capital aims to maximize value for investors while effectively navigating challenges that may arise during the purchase or subsequent phases.

Players

Rich Young Jr

Rich Young Company

Broker

12 deals

Broker

Carrollton Industrial Market Snapshot

Boundary boundary · Industrial · Sale 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