Arden Group Acquires Industrial Property In Dallas From MoxieBridge
2550 Beckleymeade Ave, Dallas, TX, USA
Building Size
171,025 SF
Asset Type
Industrial
Closing
Jun 1, 2020
AI
A 171,025 square foot industrial property located at 2550 Beckleymeade Ave, 9050 & 9110 Autobahn Drive in Dallas has been sold. The transaction took place on June 1, 2021.
Summary of Transaction Details:
- Property Type: Industrial
- Transaction Amount: Not available
The seller of the property was MoxieBridge, while the buyer was Arden Group. The deal was facilitated by Stephen Bailey, Dustin Volz, Adam Roossien, and Pauli Kerr from JLL.
Players
Dallas 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