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220 East Danieldale Road, D...

TT Logistics F1, LP Acquires Industrial Property In DeSoto, TX From Bradford Companies For $UNDISCLOSED
SOLDIndustrial

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

Stephen Bailey

Newmark

Broker

$323.3M

vol

48 deals

Broker
Bradford Companies
Bradford CompaniesSeller

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