Updated Dec 4, 2024
Clarion Partners Acquires Industrial Property In Haslet With Buyer's Rep JLL Capital Markets
206 Intermodal Parkway, Haslet, Texas 76052, United States
Building Size
1,400,000 SF
Asset Type
Industrial
Closing
Apr 24, 2022
About this deal
AI
The industrial property located at 206, 230, and 280 S Intermodal Pkwy in Haslet has been sold in a transaction that took place on April 25, 2022. The property spans an impressive 1,400,000 square feet, making it a substantial asset in the market.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 206, 230, 280 S Intermodal Pkwy, Haslet
- Market: Haslet
- Square Footage: 1,400,000
The buyer of the industrial property is Clarion Partners, while the seller is Gruene Real Estate Partners, represented by Ken Kristofek, Weber & Company, and Crow Holdings Development. The deal was facilitated by Dustin Volz, Stephen Bailey, Dom Espinosa, Wells Waller, and Jack Copher of JLL Capital Markets.
On the Map
Industrial
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Players
Haslet 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