Thematic Capital Group And Dray Investments Acquire Industrial Portfolio In Grand Prairie
2601 2670 Aero Drive, 2100 South Great Southwest Parkway & 605 East Palace Parkway
Building Size
767,073 SF
Asset Type
Industrial
Closing
Oct 9, 2025
AI
An industrial property portfolio consisting of 16 buildings with a total area of 255,691 square feet has been sold. The assets are located at 2601-2670 Aero Drive, 2100 South Great Southwest Parkway, and 605 East Palace Parkway in the Grand Prairie market.
Summary of transation details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Buyer: Thematic Capital Group & Dray Investments
- Buyer's Representative: David Annett & Joe Habighorst - NorthMarq
- Seller's Representative: Jeff Jackson - NAI Robert Lynn
- Mortgage Broker: Warren Hitchcock - NorthMarq
- Market: Grand Prairie
The sale was facilitated by NorthMarq’s Tulsa Commercial Investment Sales team, which was led by David Annett and Joe Habighorst. The seller was an individual investor based in Arizona, exclusively represented by Jeff Jackson of NAI Robert Lynn.
Players
Grand Prairie 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