facebook
Traded Co logo
Submit
Daily limit: 0/10

Ron Sturgeon Real Estate Acquires 137083 SF McMillan Center In Fort Worth From Gyant Coors LLC

Property Image
SOLD

Texas

See Similar Deals
Industrial137,083 SF
Sold 12/02/2024
the dealplayerscompscontact
Property Image
SOLD

Ron Sturgeon Real Estate Acquires 137083 SF McMillan Center In Fort Worth From Gyant Coors LLC

2550 Mcmillian Parkway

See Similar Deals
Industrial137,083 SF
Sold 12/02/2024
Contact now

Summary

TEXAS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:137,083 SF
Transaction Type:Sale

The property asset involved in the transaction is the McMillan Center, an industrial facility located at 2550 Mcmillian Parkway in Fort Worth. This asset spans 137,083 square feet and is situated on a 9.9-acre lot with rail access. The transaction was conducted as an off-market deal.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not specified
  • Address: 2550 Mcmillian Parkway
  • Market: Fort Worth
  • Square Footage: 137,083
  • Acres: 9.9
  • Buyer: Ron Sturgeon - Ron Sturgeon Real Estate
  • Seller: Gyant Coors LLC, Gyant Josh Road LLC & Gyant V LLC
  • Buyer's Representative: Shane Benner - Bradford Commercial Real Estate Services
  • Seller's Representative: Todd Hawpe - Transwestern

Key individuals involved in the transaction include Ron Sturgeon, who is acquiring the property as the new headquarters for Ron Sturgeon Real Estate. The deal was brokered by Shane Benner, while the seller was represented by Todd Hawpe. The property previously functioned as a Coors distribution center and is set for renovations, with plans for two smaller buildings to be available for lease.

Players

Shane Benner
7 deals
BROKER

Todd Hawpe
Transwestern
5 deals(817) 259-3523
BROKER

Details

SOLD
IMAGE: Ron Sturgeon, Shane Benner & Todd Hawpe DATE: 12/02/2024 ADDRESS: 2550 Mcmillian Parkway MARKET: Fort Worth ASSET TYPE: Industrial ~ SF: 137,083 ~ ACRES: 9.9 BUYER: Ron Sturgeon - Ron Sturgeon Real Estate (@Rdsrealestate) SELLER: Gyant Coors LLC, Gyant Josh Road LLC & Gyant V LLC BUYER'S REP: Shane Benner - Bradford Commercial Real Estate Services (@BradfordCompanies) SELLER'S REP: Todd Hawpe - Transwestern (@Transwestern) NOTE: Ron Sturgeon Real Estate acquired the 137,083-SF McMillan Center in North Fort Worth as its new headquarters in an off-market deal brokered by Bradford Commercial’s Shane Benner. The former Coors distribution center, spanning 9.9 acres with rail access, will undergo renovations, with two smaller buildings available for lease.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$0.00

Debt Service Coverage Ratio (DSCR)

0.00x

Cap Rate

0.00%

Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00