Ray Sorsby Purchases Industrial Asset From Capital Real Estate Investments In Huntsville Texas
715 Fm 2821
Building Size
12,000 SF
Asset Type
Industrial
Closing
Mar 9, 2026
AI
The asset involved in the transaction is an industrial property located at 715 Fm 2821 in Huntsville, encompassing a total of 12,000 square feet. The transaction took place through an off-market sale, facilitated by a build-to-suit arrangement for a national credit tenant with a long-term NNN lease.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Address: 715 Fm 2821
- Market: Huntsville
- Buyer's Name: Ray Sorsby
- Seller's Name: Capital Real Estate Investments
- Buyer's Representative: Derick Perkins & Kyle Fischer - Alpine Partners
- Seller's Representative: Troup Rolland, Matt Cooper, Carson Deer & Blake Deer - Capital Real Estate Commercial
- Attorney: Andrew Raish - Ressling & Raish Law
This transaction highlights the involvement of multiple key players. The seller's representative, Capital Real Estate Commercial, expressed excitement about the successful sale of the property. The deal, marked by a smooth process, is praised by the seller's rep for the collaboration with the Alpine Team, referred to as some of the best in the business.
Players
Huntsville 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