Updated Mar 13, 2026
Cole Horowitz & Jon Birnbrey Of Rockbrook Equity Acquire Industrial Property In Garland From Edward Tomlinson
1849 South Shiloh Road
Building Size
145,752 SF
Asset Type
Industrial
Closing
Mar 5, 2026
About this deal
AI
This transaction involves the sale of a 145,752 square foot industrial property located at 1849 South Shiloh Road in Garland, Texas. The site occupies a 3.35-acre industrial land tract and is one of the last remaining industrially zoned areas in the City of Garland, offering connectivity to significant thoroughfares suitable for industrial outdoor storage or potential development.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 1849 South Shiloh Road
- Market: Garland
- Buyer: Cole Horowitz & Jon Birnbrey, Rockbrook Equity
- Seller: Edward Tomlinson
Rockbrook Equity, represented by Chris Wong, has completed the acquisition of the property, highlighting its strategic importance in the industrial sector of Garland.
On the Map
Industrial
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Garland 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