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2550 Beckleymeade Ave, Dall...

Arden Group Acquires Industrial Property In Dallas From MoxieBridge
SOLDIndustrial

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

Stephen Bailey

Newmark

Broker

$323.3M

vol

48 deals

Broker
Arden Group
Arden GroupBuyer
Arden Group
Arden GroupLender

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