TT Logistics F1, LP Acquires Industrial Property In DeSoto, TX From Bradford Companies For $UNDISCLOSED
220 East Danieldale Road, DeSoto, TX 75115
Building Size
385,472 SF
Asset Type
Industrial
Closing
Jan 24, 2022
AI
The industrial property located at 220 E. Danieldale Rd in DeSoto, TX has been sold. The property spans an impressive 385,472 square feet, making it a substantial asset in the market.
Summary of transation details
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Address: 220 E. Danieldale Rd, DeSoto, TX
- Market: DeSoto, TX
- Buyer: TT Logistics F1, LP
- Seller: Bradford Companies - Kevin J Santaularia
- Brokers: Stephen Bailey, Dustin Volz, Zach Riebe & Pauli Kerr - JLL Capital Markets
The buyer of the property is TT Logistics F1, LP. On the other side of the transaction, the seller is Bradford Companies, represented by Kevin J Santaularia. The deal was facilitated by a team of brokers from JLL Capital Markets, including Stephen Bailey, Dustin Volz, Zach Riebe, and Pauli Kerr.
Players
Duncanville 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