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1203 Reuthinger Parkway

Christen Vestal Of Provident Realty Advisors Sells Industrial Asset To Buyer Represented By Joshua T. Hearne
SOLDIndustrial

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

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.

Players

Joshua Aguilar

CBRE

Broker

$30M

vol

7 deals

Broker
Provident Realty Advisors
Provident Realty AdvisorsSeller

Laredo Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

Loading comparables…

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