Haverwood Investments Acquires Industrial Property In Mesquite
1262 East Scyene Road, Mesquite, TX, USA
Building Size
1,742,400 SF
Asset Type
Industrial
Closing
Aug 1, 2020
AI
Stuart Smith, Claire Hill, John St. Clair, and Jack Gail were part of the team that facilitated the sale of an industrial property in Mesquite. The property, located at 1262 East Scyene Road and 4180 East Scyene Road, spans approximately 40 acres. The transaction was handled by various representatives from Cushman & Wakefield, Coldwell Banker Residential, and Younger Partners.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: Not available
- Address: 1262 East Scyene Road and 4180 East Scyene Road
- Market: Mesquite
- Buyer: Haverwood Investments
- Seller's Rep: Stuart Smith - Cushman & Wakefield, Claire Hill - Coldwell Banker Residential
- Buyer's Rep: John St. Clair & Jack Gail - Younger Partners
- Acres: Approximately 40
The involvement of Stuart Smith from Cushman & Wakefield, Claire Hill from Coldwell Banker Residential, and John St. Clair & Jack Gail from Younger Partners ensured a smooth transaction for Haverwood Investments. These parties played a key role in finalizing the deal for the industrial property in Mesquite.
Players
Mesquite 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