Morgan Stanley Real Estate Advisors Acquires Industrial Property In Euless, Texas
1200 South Pipeline Road, Euless, Texas 76040, United States
Building Size
366 SF
Asset Type
Industrial
Closing
Jan 9, 2022
AI
The industrial property located at 1200 South Pipeline Road in Euless has been sold in a recent transaction. The property spans approximately 366,777 square feet and is part of the industrial asset segment.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 1200 South Pipeline Road
- Market: Euless
- Buyer: Morgan Stanley Real Estate Advisors
- Seller: Urban Logistics Realty of Dallas
- Brokers: JLL
JLL, a renowned brokerage agency, represented both the buyer, Morgan Stanley Real Estate Advisors, and the seller, Urban Logistics Realty of Dallas, in this transaction.
Players
Euless 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