facebook

traded

+ Submit
Home

/

Deals

/

Texas

/

Industrial

/

Sale

/

206 Intermodal Parkway, Has...

Clarion Partners Acquires Industrial Property In Haslet With Buyer's Rep JLL Capital Markets
SOLDIndustrial

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

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.

Players

Stephen Bailey

Newmark

Broker

$323.3M

vol

48 deals

Broker
Clarion Partners
Clarion PartnersBuyer
Clarion Partners
Clarion PartnersLender

Haslet Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

Loading comparables…

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