Updated Apr 21, 2026
TruCore Industrial Acquires Industrial Asset In Humble And San Antonio From Mike Wolf
5910 Hamblen Drive & 6930 Fairdale Drive
Building Size
62,000 SF
Asset Type
Industrial
Closing
Apr 9, 2026
About this deal
AI
The property asset involved in this transaction is an industrial asset located at 5910 Hamblen Drive & 6930 Fairdale Drive, featured within the markets of Humble and San Antonio. This asset encompasses an area of 72,710 square feet.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Address: 5910 Hamblen Drive & 6930 Fairdale Drive
- Market: Humble & San Antonio
- Buyer: TruCore Industrial
- Seller: Mike Wolf - MIKENPRANG
- Buyer's Rep: Travis Smith & David Holland - JLL
- Seller's Rep: Nick Bergmann & Jordan Enger - CBRE
This transaction highlights the involvement of TruCore Industrial as the buyer and Mike Wolf of MIKENPRANG as the seller, with representation from their respective brokers. Travis Smith and David Holland from JLL represented the buyer while the seller was represented by Nick Bergmann and Jordan Enger from CBRE.
On the Map
Industrial
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Players
Humble 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