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11126 Shady Trail

Updated Dec 4, 2024

Longpoint Realty Partners Acquires 50,138 SF Industrial Building In Dallas Industrial Deal
SOLDIndustrial

Longpoint Realty Partners Acquires 50,138 SF Industrial Building In Dallas Industrial Deal

11126 Shady Trail

Building Size

50,138 SF

Asset Type

Industrial

Closing

Oct 19, 2023

About this deal

AI

An industrial building located at 11126 Shady Trail in northwest Dallas has been sold in a transaction brokered by Lee & Associates. The property spans 50,138 square feet and sits on 2.8 acres of land. It features 12-foot clear heights, providing ample space for industrial operations. The transaction took place on October 19, 2023.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: Not provided
  • Address: 11126 Shady Trail, Dallas
  • Market: Dallas
  • Size: 50,138 square feet
  • Acreage: 2.8 acres

The buyer of the property is Longpoint Realty Partners, and they were represented by Dwight Y. Angelini. On the other hand, the seller is Vaquero Ventures Management, with W.A. Landreth acting as their representative. Stephen Williamson, a broker from Lee & Associates, played a crucial role in the transaction, representing Longpoint Realty Partners in the deal. The property's 12-foot clear heights and desirable location in northwest Dallas likely contributed to its appeal to the buyer.

Players

Stephen Williamson

Lee & Associates

Broker

21 deals

Broker
Dwight Angelini

Dwight Angelini

Longpoint Realty Partners

Buyer

$1.1B

vol

28 deals

Buyer

Grants Pass 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

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