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2193 Discovery Hills Parkway

Updated Sep 18, 2026

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Jay Cornforth Of Bridge Logistics Properties Acquires Twinwood Distribution Center III From Robert Clay
SOLDIndustrial

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:

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

JLL
JLLBrokerage

Jay Cornforth

Bridge Logistics Properties (BLP)

Buyer

1 deal

Buyer
Robert Clay

Robert Clay

Clay Development & Construction

Seller

4 deals

Seller

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

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