Chefman Acquires 420,510 Square Foot Industrial Facility In Baytown Texas With Brooks Farish & Carl Mueller
5400 E. Mckinney Road, Baytown, Tx 77523
Building Size
420,510 SF
Asset Type
Industrial
Closing
Jul 13, 2026
AI
Chefman has acquired TGS Cedar Port DC 10, a 420,510-square-foot cross-dock distribution facility located at 5400 E. McKinney Road in Baytown, Texas. The property is situated within Cedar Port Industrial Park, providing direct access to State Highway 99 and proximity to the Barbours Cut and Bayport container terminals.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Address: 5400 East McKinney Road
- Market: Baytown, TX
- Buyer's Representative: Brooks Farish & Carl Mueller - Cresa
- Sellers Representative: John Simons & Chris Haro - Partners Real Estate
Cresa’s Carl Mueller and Brooks Farish represented Chefman in the acquisition of this distribution facility. TGS was represented by Partners Real Estate in this transaction.
Players
Baytown 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