Welcome Group Acquires 100129 SF Industrial Building At 3101 Pinewood Drive In Arlington
3101 Pinewood Drive
Building Size
100,129 SF
Asset Type
Industrial
Closing
Sep 11, 2025
AI
An industrial building located at 3101 Pinewood Drive in Arlington has been sold. The property spans 100,129 square feet and is situated on a 4.6-acre site. Built in 1977 and renovated in 2021, it includes 22-foot clear heights, 13 dock-high doors, and four grade-level doors.
Summary of transation details:
- Property Type: Industrial
- Transaction Amount: Undisclosed
- Address: 3101 Pinewood Drive
- Market: Arlington
- Square Footage: 100,129
- Acres: 4.6
- Buyer: Welcome Wilson Jr. - Welcome Group
Welcome Group acquired the property from an undisclosed seller. The transaction highlights the firm's strategic acquisition in the industrial sector, following a comprehensive renovation of the asset.
Players
Arlington 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