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4715 Mountain Creek Parkway

Romit Cheema Of CanTex Capital And Jessie Mann Of DB9 Capital Acquire Dallas Industrial Facility
SOLDIndustrial

Romit Cheema Of CanTex Capital And Jessie Mann Of DB9 Capital Acquire Dallas Industrial Facility

4715 Mountain Creek Parkway

Building Size

266,200 SF

Asset Type

Industrial

Closing

Jun 12, 2025

AI

The property asset involved in the transaction is a 266,200 square feet Class A industrial facility located at 4715 Mountain Creek Parkway in Dallas. The total land area is 20.77 acres, and the site includes 8,000 square feet of office space as well as outdoor storage potential. The acquisition is part of a broader strategy by CanTex Capital to enhance the property through upgrades in the Dallas-Fort Worth market.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not specified
  • Address: 4715 Mountain Creek Parkway
  • Market: Dallas
  • Square Footage: 266,200
  • Acres: 20.77
  • Buyer: Romit Cheema - CanTex Capital
  • Buyer: Jessie Mann - DB9 Capital

Romit Cheema represents CanTex Capital in this acquisition, while Jessie Mann represents DB9 Capital. The collaboration between the two companies aims to leverage the value-add opportunities present in the property and the surrounding market.

Players

Romit Cheema

CanTex Capital

Buyer

10 deals

Buyer

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