Updated Apr 16, 2026
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
About this deal
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.
On the Map
Industrial
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Players
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