Denholtz Properties Acquires Clovis Crossing Industrial Project From Freehill Development
1603 Clovis R. Barker Road
Industrial
213,000 SF
213,000 SF
Sold 38 days ago
Summary
The Clovis Crossing industrial project in San Marcos has been sold in a recent transaction. The property, located at 1603 Clovis Barker Road, comprises two buildings totaling 213,000 square feet on a 13-acre site. The buyer, Stephen Cassidy of Denholtz Properties, acquired the industrial asset from Will Paton of Freehill Development.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Asset Size: 213,000 square feet
- Market: San Marcos
- Lender: Palladius Capital Management
- Buyer: Stephen Cassidy - Denholtz Properties
- Seller: Will Paton - Freehill Development
- Mortgage Broker: JLL
Denholtz Properties, a New Jersey-based investor, marked its entry into the Texas market with this acquisition. The deal involved the purchase of a significant industrial property, showcasing the company's expansion strategy. JLL played a crucial role as the mortgage broker in facilitating the transaction between Cassidy's Denholtz Properties and Paton's Freehill Development.
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1603 Clovis R. Barker Road
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