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5335 Cedar Port Parkway

EQT Sells 341,120 SF Industrial Property At 5335 Cedar Port Parkway With Buyer's Rep Patrick McKiernan
SOLDIndustrial

EQT Sells 341,120 SF Industrial Property At 5335 Cedar Port Parkway With Buyer's Rep Patrick McKiernan

5335 Cedar Port Parkway

Building Size

341,120 SF

Asset Type

Industrial

Closing

Mar 31, 2026

AI

The property asset involved in the transaction is located at 5335 Cedar Port Parkway in Baytown, featuring an industrial asset type with a square footage of 341,120. The seller of the property is EQT.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not disclosed
  • Address: 5335 Cedar Port Parkway
  • Market: Baytown
  • Seller: EQT
  • Buyer's Representative: Patrick McKiernan - First Houston Properties

The deal was facilitated by Patrick McKiernan, who acted as the representative for the buyer in this transaction. This engagement highlights the role of First Houston Properties in the deal.

Players

Patrick McKiernan

First Houston Properties

Broker

$9M

vol

40 deals

Broker
E
EQTSeller

Beach City 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