facebook

traded

+ Submit
Home

/

Deals

/

Texas

/

Industrial

/

Sale

/

13300 John Fitzgerald Kenne...

Patrick Daniels Of CapRock Partners Acquires Industrial Warehouse From Robert Clay In Houston For 524199 SF
SOLDIndustrial

Patrick Daniels Of CapRock Partners Acquires Industrial Warehouse From Robert Clay In Houston For 524199 SF

13300 John Fitzgerald Kennedy Boulevard

Building Size

524,199 SF

Asset Type

Industrial

Closing

Jul 21, 2025

AI

An industrial property located at 13300 John F. Kennedy Boulevard in Houston has been sold. This fully leased warehouse spans 524,199 square feet and is situated in the Kennedy Greens South industrial park, contributing to the growing logistics sector in the area.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not disclosed
  • Square Footage: 524,199 SF
  • Address: 13300 John F. Kennedy Boulevard
  • Market: Houston
  • Buyer: Patrick Daniels - CapRock Partners
  • Seller: Robert Clay - Clay Development & Construction

The transaction marks CapRock Partners' entry into the Houston market, a strategic move that aligns with their Texas expansion plans. The warehouse is occupied by significant tenants, including Walmart and Cheniere Energy, and adds to CapRock’s Texas portfolio, which now totals 1.8 million square feet of logistics assets in areas with high demand and limited supply.

Players

Patrick Daniels

CapRock Partners

Buyer

$78.9M

vol

5 deals

Buyer
CP
CapRock PartnersBuyer

Houston 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