Pacific Acquisitions Purchases Industrial Asset From Reed Vestal And John Erck In Houston
SOLD
Texas
See Similar DealsIndustrial169,677 SF
Sold 10/11/2024
SOLD
Pacific Acquisitions Purchases Industrial Asset From Reed Vestal And John Erck In Houston
5115 South Shaver Street
See Similar DealsIndustrial169,677 SF
Sold 10/11/2024
Summary
TEXAS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:169,677 SF
Transaction Type:Sale
The property involved in this transaction is an industrial asset located at 5115 South Shaver Street in Houston, encompassing a total square footage of 169,677. The recent sale marks a significant transaction within the industrial market.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 5115 South Shaver Street
- Market: Houston
- Square Footage: 169,677
- Buyer: Pacific Acquisitions
- Seller: Reed Vestal & John Erck - Junction Commercial Real Estate
- Brokers: Nathan Wynne & Elliott Dow - CBRE
Key individuals in this transaction include the buyer, Pacific Acquisitions, and sellers Reed Vestal and John Erck, who are affiliated with Junction Commercial Real Estate. The brokers representing the deal are Nathan Wynne and Elliott Dow from CBRE, facilitating the transaction.
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Deal Type
30 years
10 years
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
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