CanTex Capital Sells Industrial Assets In Dallas, Fort Worth, Arlington, And Grand Prairie
1209 Round Table Drive, Dallas, TX, USA
Building Size
289,225 SF
Asset Type
Industrial
Closing
Aug 6, 2020
AI
CanTex Capital has sold a portfolio of industrial properties in Dallas, Fort Worth, Arlington, and Grand Prairie. The properties included in the sale are located at 1209 Round Table, 4924 Woodall St, 8517 Directors Row, 4901 N. Beach St, 924 111th St, and 1609 109th St, with a total square footage of 289,225. The transaction took place on August 6, 2021.
Summary of transaction details:
- Property Type: Industrial
- Sale Date: 08/06/2021
- Address: 1209 Round Table, 4924 Woodall St, 8517 Directors Row, 4901 N. Beach St, 924 111th St, and 1609 109th St
- Total Square Footage: 289,225 SF
- Seller: CanTex Capital
JLL represented CanTex Capital in the sale of the portfolio. The brokers involved in the transaction were Dustin Volz, Stephen Bailey, Matthew Barge, John Chun, Peter Thompson, Jarrod McCabe, Samuel Godfrey, and Jordan Leake.
Players
Dallas 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