Updated Sep 18, 2026
Jay Cornforth Of Bridge Logistics Properties Acquires Twinwood Distribution Center III From Robert Clay
2193 Discovery Hills Parkway
Building Size
767,520 SF
Asset Type
Industrial
Closing
Jun 24, 2026
About this deal
AI
Bridge Logistics Properties has acquired an industrial facility located at 2193 Discovery Hills Parkway in Brookshire, Texas. The property spans 767,520 square feet and was previously developed by Clay Development & Construction. The facility features 40-foot clear heights, 179 dock-high doors, and a 185-foot truck court. It was completed in 2024 and is currently fully leased to Crane Worldwide Logistics.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 2193 Discovery Hills Parkway
- Market: Brookshire, TX
- Buyer: Jay Cornforth - Bridge Logistics Properties (BLP)
- Seller: Robert Clay - Clay Development & Construction
- Broker: JLL
In this transaction, Jay Cornforth represented Bridge Logistics Properties as the buyer, while Robert Clay represented Clay Development & Construction as the seller. The deal was facilitated by the brokerage firm JLL.
Players
Market 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