Thematic Capital Group And Dray Investments Acquire 16 Building Industrial Portfolio In Grand Prairie
2100 South Great Southwest Parkway, 2601 Aero Drive & 605 E. Palace Parkway
Building Size
768,000 SF
Asset Type
Industrial
Closing
Nov 4, 2025
AI
The Thematic Capital Group and Dray Investments have acquired a 16-building small-bay industrial portfolio located at 2100 South Great Southwest Parkway, 2601 Aero Drive, and 605 East Palace Parkway in Grand Prairie, Texas. The total portfolio comprises 256,000 square feet of industrial space, with the seller and transaction price remaining undisclosed.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Undisclosed
- Square Footage: 256,000
- Address: 2100 South Great Southwest Parkway, 2601 Aero Drive & 605 East Palace Parkway
- Market: Grand Prairie
- Buyers: Thematic Capital Group & Dray Investments
- Broker Representatives: Jeff Jackson - NAI Robert Lynn; David Annett & Joe Habighorst - NorthMarq
Jeff Jackson represented the buyers through NAI Robert Lynn, while David Annett and Joe Habighorst were involved from NorthMarq. This acquisition adds a substantial industrial asset to their portfolio, showcasing the active interest in the Grand Prairie market.
Players
Grand Prairie 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