Updated Oct 13, 2026
Christen Vestal Of Provident Realty Advisors Sells Industrial Asset To Buyer Represented By Joshua T. Hearne
1203 Reuthinger Parkway
Building Size
10,000 SF
Asset Type
Industrial
Closing
Mar 14, 2025
About this deal
AI
The transaction involves an industrial asset located at 1203 Reuthinger Parkway in the Laredo market. The property encompasses a total square footage of 10,000. The seller is Christen Vestal, associated with Provident Realty Advisors.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 1203 Reuthinger Parkway
- Market: Laredo
- Seller: Christen Vestal - Provident Realty Advisors
- Buyer's Representative: Joshua T. Hearne - Cawley Chicago
- Seller's Representative: Joshua Aguilar - CBRE
This deal involved key individuals such as Joshua T. Hearne, who represented the buyer, ensuring smooth negotiations, and Joshua Aguilar, who represented the seller. Both representatives played a crucial role in the transaction process, facilitating the agreement between the parties involved.
On the Map
Industrial
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Laredo 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