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7226 North Loop East

Miramar Capital Advisors Acquires Industrial Asset From Triten Real Estate Partners In Houston
SOLDIndustrial

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:

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

Nathan Wynne

CBRE

Broker

$170.5K

vol

21 deals

Broker

Will Hedges

Triten Real Estate Partners

Seller

4 deals

Seller
TP
Triten Real Estate PartnersSeller

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