Updated Aug 28, 2026
Jacob Rich Acquires 18,900 Square Foot Industrial Property In Farmers Branch From Rockbrook Equity
4350 North Beltwood Parkway
Building Size
18,900 SF
Asset Type
Industrial
Closing
Aug 24, 2026
About this deal
AI
The property asset involved in this transaction is an industrial space located at 4350 North Beltwood Parkway in Farmers Branch, Texas. The total square footage of the asset is 18,900.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Buyer: Jacob Rich
- Seller: Cole Horowitz, Jon Birnbrey - Rockbrook Equity
- Broker: Chris Wong - Partners Real Estate
Rockbrook Equity acquired the property in June 2024, performed both interior and exterior improvements, and subsequently leased the property prior to its sale. This transaction highlights the role of Chris Wong representing the interests of Partners Real Estate.
On the Map
Industrial
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Players
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