Updated Sep 30, 2025
Brookfield Property REIT Acquires Industrial Property In Dallas, Texas
4444 Irving Boulevard, Dallas, TX 75247, USA
Building Size
95,440 SF
Asset Type
Industrial
Closing
Jul 5, 2020
About this deal
AI
The property at 4444 Irving Blvd. in Dallas was recently sold in a closed transaction. This industrial property spans across 95,440 square feet and is located in the Dallas market.
Summary of transaction details:
- Property Type: Industrial
- Transaction Date: 07/06/2020
- Buyer: Brookfield Property REIT - Brian Kingston
The property features a 57,000-square-foot terminal with 118 doors, providing ample car and trailer parking space. The buyer, Brookfield Property REIT, represented by Brian Kingston, recognized the potential of this asset and successfully completed the transaction.
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