Phoenix Investors Acquires Industrial Property In Brownsville From Titan International Inc. - Newmark
SOLD
Texas
See Similar DealsIndustrial1,040,000 SF
Sold 11/25/2020
SOLD
Phoenix Investors Acquires Industrial Property In Brownsville From Titan International Inc. - Newmark
6700 Paredes Line Road, Brownsville, TX, USA
See Similar DealsIndustrial1,040,000 SF
Sold 11/25/2020
Summary
TEXAS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:1,040,000 SF
Transaction Type:Sale
Titan International Inc. has sold its industrial property located at 6700 Paredes Line Road in Brownsville. The sale included an expansive land of 108 acres, making it suitable for future industrial development. The property spans approximately 1,040,000 square feet, providing ample space for industrial operations.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: Not specified
- Market: Brownsville
- Address: 6700 Paredes Line Road
- Square footage: 1,040,000
- Acres: 108
The buyer of the property is Phoenix Investors, a notable player in the real estate market. Represented by Michael Reid from Newmark, the deal was successfully facilitated. The involvement of a reputable brokerage like Newmark adds credibility and expertise to the transaction. Additional information about the buyer's intentions or plans for the property is not provided.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
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
Is there something missing? Send suggestions