facebook
Traded Co logo
Submit
Daily limit: 0/10

Wade Lau Of Founders Properties Acquires 122259 SF Industrial Building In Fort Worth

Property Image
SOLD
Robby Rieke
Jud Clements
+ 4

Texas

See Similar Deals
Industrial122,259 SF
Sold 12/02/2024
the dealplayerscompscontact
Property Image
SOLD

Wade Lau Of Founders Properties Acquires 122259 SF Industrial Building In Fort Worth

4401 Cambridge Road

See Similar Deals
Industrial122,259 SF
Sold 12/02/2024
Robby Rieke
Jud Clements
+ 4
Contact now

Summary

TEXAS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:122,259 SF
Transaction Type:Sale

The property involved in this transaction is a 122,259-SF industrial distribution building located at 4401 Cambridge Road in Fort Worth. It is fully leased to Venture Solutions, adding to its investment appeal in the local market.

Summary of transaction details:

Founders Properties, represented by Wade Lau, successfully acquired the property with the assistance of Cushman & Wakefield, which not only represented the undisclosed seller but also facilitated financing for the acquisition. The mortgage brokerage was handled by Brian Share, Max Schafer, and Robert Rubano, also of Cushman & Wakefield.

Players

Brian Share
24 deals$3.8B volume(310) 595-2231
BROKER

Robert (Rob) Rubano
Hines
34 deals$6.5B volume
BROKER

James (Jim) Carpenter
Cushman & Wakefield
19 deals$373.6M volume
BROKER

Max Schafer
Cushman & Wakefield
11 deals$603.6M volume
BROKER

Jud Clements
Cushman & Wakefield
12 deals$145.3M volume(972) 663-9942
BROKER

Robby Rieke
Cushman & Wakefield
12 deals$99.8M volume(972) 663-9907
BROKER

Trevor Berry
Cushman & Wakefield
10 deals$145.3M volume(972) 663-9694
BROKER

Details

SOLD
IMAGE: Wade Lau, James Carpenter, Jud Clements, Robby Rieke, Trevor Berry, Brian Share, Max Schafer & Robert Rubano DATE: 12/02/2024 ADDRESS: 4401 Cambridge Road MARKET: Fort Worth ASSET TYPE: Industrial ~ SF: 122,259 BUYER: Wade Lau - Founders Properties BROKERS: James Carpenter, Jud Clements, Robby Rieke & Trevor Berry - Cushman & Wakefield (@CushWake) MORTGAGE BROKERS: Brian Share, Max Schafer & Robert Rubano (@RobRubano) - Cushman & Wakefield NOTE: Founders Properties has acquired Centerport 1, a 122,259-SF distribution building in Fort Worth, fully leased to Venture Solutions. Cushman & Wakefield represented the undisclosed seller and secured acquisition financing for the buyer.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$0.00

Debt Service Coverage Ratio (DSCR)

0.00x

Cap Rate

0.00%

Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00