Updated Feb 28, 2025
Clarion Partners Acquires Industrial Property In Arlington From Stream Realty Partners & LaSalle Investment Management
3301 East Park Row Drive, Arlington, TX, USA
Building Size
155,425 SF
Asset Type
Industrial
Closing
Dec 6, 2020
About this deal
AI
The industrial property located at 3301 East Park Row Drive in Arlington has been sold. The property spans 155,425 square feet and covers 9.23 acres. The transaction took place on December 7, 2020.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Market: Arlington
- Address: 3301 East Park Row Drive
- Size: 155,425 sqft
- Acres: 9.23
The buyer of the property is Clarion Partners, represented by David Gilbert. The seller of the property is Stream Realty Partners and LaSalle Investment Management. The deal was facilitated by brokers Dustin Volz, Stephen Bailey, Zach Riebe, and Austin Ross from JLL Capital Markets.
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