The property asset involved in this transaction is Kyle 35 Logistics Park, an industrial park located at 201 Logistics Drive in Kyle, Texas, encompassing a total square footage of 1,400,000. The park consists of five Class A buildings with clear heights ranging from 35 to 40 feet and offers ample parking. It is fully leased to Tesla for storage and light assembly purposes, supporting the Austin gigafactory.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: Not disclosed
• Address: 201 Logistics Drive
• Market: Kyle
• Buyer: Jeff Small, Jr. - MDH Partners
• Seller: Cyrus Bahrami - Alliance Industrial Co.
• Brokers: Charlie Strauss, Trent Agnew, Witt Westbrook, Kyle Mueller & Tom Weber - JLL

MDH Partners acquired the park from Alliance Industrial Co., a Houston-based company. The transaction involved key brokers from JLL, highlighting the collaboration among various industry professionals to facilitate the acquisition of this newly built industrial property.