Updated Sep 5, 2025
Blacktop Industrial Trust Acquires 337,705 SF Industrial Campus In Houston From Clay Development & Construction
12221 North Houston Rosslyn Road
Building Size
337,705 SF
Asset Type
Industrial
Closing
Sep 4, 2025
About this deal
AI
The asset involved in this transaction is the Rosslyn Business Park, a 337,705 square foot industrial property located at 12221 North Houston Rosslyn Road, Houston. The property spans 45 acres and features 11 buildings. It is fully leased with major tenants including Baker Hughes, Konecranes, and Amogy.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Square Footage: 337,705 SF
- Address: 12221 North Houston Rosslyn Road
- Market: Houston
- Acres: 45
- Buyer: Ricardo Cardoso - Blacktop Industrial Trust
- Seller: Robert Clay - Clay Development & Construction
A joint venture between Blacktop Industrial Trust and an alternative investment firm completed the acquisition of the Rosslyn Business Park from Clay Development & Construction, marking a significant transaction in the industrial sector of Houston.
On the Map
Industrial
View full map
Players
Houston Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Deal FAQ
Browse Texas industrial sales on Traded.
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