Miramar Capital Advisors Acquires Industrial Asset From Triten Real Estate Partners In Houston
7226 North Loop East
Building Size
5,096,520 SF
Asset Type
Industrial
Closing
May 7, 2025
AI
The transaction involved an industrial property located at Inner 610 Loop, I-10 & Hwy 90 in the Houston market. The asset spans a total of 5,096,520 square feet. The buyer of this property is Miramar Capital Advisors, while the sellers are Scott Arnoldy, Will Hedges, and Zach Dobin, who are affiliated with Triten Real Estate Partners.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Address: Inner 610 Loop, I-10 & Hwy 90
- Market: Houston
- Square Footage: 5,096,520
- Buyer: Miramar Capital Advisors
- Seller: Scott Arnoldy, Will Hedges & Zach Dobin - Triten Real Estate Partners
- Buyer's Representative: Nathan Wynne - CBRE
The deal was facilitated by Nathan Wynne from CBRE, representing Miramar Capital Advisors as the buyer's representative. The involvement of Triten Real Estate Partners in the sale highlights the collaboration between notable figures in the Houston industrial market.
Players
Houston 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