Updated Nov 25, 2025
PlaceMKR Acquires 10-Building Industrial Park In Rockwall For 325300 Square Feet
2005 Industrial Boulevard
Building Size
325,300 SF
Asset Type
Industrial
Closing
Nov 21, 2025
About this deal
AI
A 10-building industrial park, encompassing 325,300 square feet, has been successfully sold located at 2005 & 2020 Industrial Boulevard in Rockwall. The property spans 21 acres and was constructed between 1976 and 1997.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 2005 & 2020 Industrial Boulevard
- Market: Rockwall
- Size: 325,300 square feet
- Acres: 21
- Buyer: PlaceMKR
- Broker Representatives: Adam Abushagur, Davis Cagle, Tyler Ranft & Gunnar Vachris - Marcus & Millichap
Marcus & Millichap facilitated the transaction, representing the local family partnership that sold the property, while securing PlaceMKR as the buyer for the industrial park.
On the Map
Industrial
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Players
Rockwall 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