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12221 North Houston Rosslyn...

Blacktop Industrial Trust Acquires 337,705 SF Industrial Campus In Houston From Clay Development & Construction
SOLDIndustrial

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

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.

Players

Clay Development & Construction
Clay Development & ConstructionSeller

Houston 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