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Dax T.S. Mitchell And Andrew Gi Of MAG Capital Partners Acquire Industrial Facility In Mathis Texas
SOLD
+ 1
Texas
See Similar DealsIndustrial34,150 SF
Sold 12/17/2025
SOLD
Dax T.S. Mitchell And Andrew Gi Of MAG Capital Partners Acquire Industrial Facility In Mathis Texas
11557 State Highway 359
See Similar DealsIndustrial34,150 SF
Sold 12/17/2025
+ 1
Summary
TEXAS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:34,150 SF
Transaction Type:Sale
The transaction involved an industrial asset located at 11557 State Highway 359 in Mathis, TX. This facility spans 34,150 square feet and encompasses 37.7 acres. The property features a private runway and an FAA/EASA-certified maintenance, repair, and overhaul shop, along with international certifications.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 11557 State Highway 359
- Market: Mathis
- Square Footage: 34,150
- Acres: 37.7
- Buyer: Dax T.S. Mitchell & Andrew Gi - MAG Capital Partners
- Brokers: Steve Okon, Blake Shaffer & Anthony Walters - JLL
MAG Capital Partners acquired the headquarters of Airforce Turbine Service, which has been operating since 1989 and provides PT6A engine MRO services on a global scale. The company was acknowledged as a Veteran-Friendly Employer in 2024.
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30 years
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Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$0.00
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
0.00%
Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00
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