Bleecker Partners Acquires 113,904 Square Foot Industrial Building In Lewisville, Texas
202 South Railroad Street
Building Size
113,904 SF
Asset Type
Industrial
Closing
Jul 8, 2026
AI
A 113,904-square-foot industrial building located at 202 South Railroad Street in Lewisville, Texas, has been sold. The property was fully occupied by Andes Coil Processes at the time of the transaction. The sale was facilitated by Lee & Associates, with the transaction being executed successfully.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Buyer: Bleecker Partners
- Buyer’s Representative: Tomas Wilson & Alex Wilson - Lee & Associates
- Seller’s Representative: Todd Hubbard - NAI Robert Lynn
- Market: Lewisville, TX
- Asset Size: 113,904 square feet
The deal involved representatives from both sides, with Lee & Associates negotiating on behalf of the buyer, Bleecker Partners, while NAI Robert Lynn represented the undisclosed seller. The collaboration between these agencies allowed for a smooth transaction process.
Players
Hanover 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