Updated Jun 6, 2025
James Campbell Co. Acquires 798,246 SF Industrial Property In Fort Worth From Scannell Properties
2660 Petty Place, Fort Worth, TX, USA
Building Size
798,246 SF
Asset Type
Industrial
Closing
Dec 8, 2020
About this deal
AI
The industrial property located at 2660 & 2401 Petty Place in Fort Worth has been sold. The property spans across 798,246 square feet and sits on 55 acres of land.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 2660 & 2401 Petty Place
- Market: Fort Worth
- Seller: Scannell Properties
- Buyer: James Campbell Co.
- Brokers: John Huguenard, Dustin Volz, Stephen Bailey, Dom Espinosa, & Zach Riebe - JLL
The deal was facilitated by John Huguenard, Dustin Volz, Stephen Bailey, Dom Espinosa, and Zach Riebe from JLL, who represented both the seller Scannell Properties and the buyer James Campbell Co.
On the Map
Industrial
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Players
Fort Worth 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