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4951 Langdon Road

Jeff Small Of MDH Partners Acquires Industrial Park From Ross Perot Jr. Of Hillwood For $258M
SOLDIndustrial

Jeff Small Of MDH Partners Acquires Industrial Park From Ross Perot Jr. Of Hillwood For $258M

4951 Langdon Road

Building Size

1,000,000 SF

Asset Type

Industrial

Closing

Jan 29, 2025

AI

The property involved in this transaction is an industrial asset located at 4601 and 4951 Langdon Road in Dallas. This two-building facility encompasses 1,000,000 square feet and spans across 100 acres, featuring tenants such as Olam Cotton, Fischer Scientific, and Genco. It was acquired by MDH Partners from Hillwood.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $258 million
  • Buyer: Jeff Small - MDH Partners
  • Seller: Ross Perot Jr. - Hillwood
  • Address: 4601 & 4951 Langdon Road
  • Market: Dallas

The transaction was notable for the involvement of MDH Partners, led by Jeff Small, who executed the acquisition with the assistance of a substantial loan. Hillwood, represented by Ross Perot Jr., was the seller in this significant property deal.

Players

MDH Partners
MDH PartnersBuyer

Ross Perot Jr.

Seller

$200M

vol

5 deals

Seller

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