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3800 Cedardale Road, Dallas...

Updated Dec 4, 2024

Global Securitization Services LLC Acquires 776,000 SF Industrial Property In Dallas
SOLDIndustrial

Global Securitization Services LLC Acquires 776,000 SF Industrial Property In Dallas

3800 Cedardale Road, Dallas, TX, USA

Building Size

776,000 SF

Asset Type

Industrial

Closing

Jan 25, 2021

About this deal

AI

The industrial property located at 3800 Cedardale Road in Dallas has been sold in a closed transaction. The property spans a total area of 776,000 square feet, making it a significant asset in the market.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: Not mentioned

The seller of the property is Trammell Crow Co. & Morgan Stanley, represented by Mike Lafitte. On the other hand, the buyer is Global Securitization Services LLC. The involvement of these key individuals and companies demonstrates the significance of the deal.

Players

Morgan Stanley
Morgan Stanley Seller
Morgan Stanley
Morgan Stanley Lender

Dallas 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

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