Mostafa Eskandari Acquires Industrial Asset From Alexander Forrest In Cypress For $3.5M
15046 Grant Road
Building Size
52,600 SF
Asset Type
Industrial
Closing
Mar 19, 2026
AI
The property asset involved in this transaction is located at 15046 Grant Road in Cypress. It is categorized as an industrial asset with a total square footage of 52,600. The details of the sale highlight the specific characteristics of the property within the market.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Address: 15046 Grant Road
- Market: Cypress
- Buyer: Mostafa Eskandari
- Seller: Alexander Forrest
- Broker: William Byrd - PrinGroup Commercial
The deal features several key individuals, including buyer Mostafa Eskandari and seller Alexander Forrest. Additionally, the transaction was facilitated by broker William Byrd representing PrinGroup Commercial, indicating the professional involvement in this property exchange.
Cypress 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