Apricus Realty Capital And ABR Capital Partners Acquire 9.2 Acres Industrial Facility In Channelview
403 West Brentwood Street
Building Size
—
Asset Type
Industrial
Closing
Sep 24, 2025
AI
The asset involved in the transaction is a 9.2-acre industrial facility located at 403 West Brentwood Street in Channelview, Texas. The property is fully leased and currently occupied by GFL Plant Services LP. The seller and pricing details have not been disclosed.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Undisclosed
- Address: 403 West Brentwood Street
- Market: Channelview
- Acres: 9.2
- Buyer: Matt Haley, Moody Younger & Kathy Permenter - Apricus Realty Capital; Thomas R. Burton - ABR Capital Partners
The acquisition was made by Apricus Realty Capital in partnership with ABR Capital Partners, focusing on expanding their portfolio with this IOS facility. The involvement of Matt Haley, Moody Younger, Kathy Permenter, and Thomas R. Burton highlights the collaborative effort between the two investment firms in this industrial market transaction.
Players
Channelview 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