Updated Dec 14, 2024
Cabot Properties Inc Acquires Industrial Property At 2601 S. Airfield Drive From CLX Ventures
DFW Airport (DFW), 2601 South Airfield Drive, Dallas, TX, USA
Building Size
1,000,584 SF
Asset Type
Industrial
Closing
Dec 3, 2020
About this deal
AI
The recently closed property transaction in DFW Airport involved the sale of an industrial asset located at 2601 S. Airfield Drive. The property spans across 1,000,584 square feet, making it a significant space for industrial activities. The transaction took place on December 4, 2020.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: Not specified
- Seller: CLX Ventures - Brad Copeland & Tony Long
- Buyer: Cabot Properties Inc
- Broker: Cushman & Wakefield
The sellers of the property were CLX Ventures, represented by Brad Copeland & Tony Long. On the other hand, the buyer in this transaction was Cabot Properties Inc. Facilitating the deal as the broker was Cushman & Wakefield. Additional details regarding the transaction, such as the selling price, were not provided.
Players
Dallas Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Deal FAQ
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