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Terry Gou Of Foxconn Acquires Fairbanks Logistics Park From Dalfen Industrial In Houston
SOLD
Texas
See Similar DealsIndustrial1,026,609 SF
Sold 06/05/2025
SOLD
Terry Gou Of Foxconn Acquires Fairbanks Logistics Park From Dalfen Industrial In Houston
8702 Fairbanks North Houston Road
See Similar DealsIndustrial1,026,609 SF
Sold 06/05/2025
Summary
TEXAS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:1,026,609 SF
Transaction Type:Sale
The asset involved in the transaction is a 1,026,609 square foot industrial property located at 8702-8726 Fairbanks North Houston Road in the Houston market. This Class A four-building campus is strategically situated near Beltway 8 and Highway 249 and is notable for its role in the advanced manufacturing and AI infrastructure sectors.
Summary of transation details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 8702-8726 Fairbanks North Houston Road
- Market: Houston
- Buyer: Terry Gou - Foxconn
- Seller: Murray & Sean Dalfen - Dalfen Industrial
- Asset Size: 1,026,609 SF
Terry Gou, representing Foxconn, has acquired the property from Murray and Sean Dalfen, who are associated with Dalfen Industrial. This transaction signifies a significant expansion for Foxconn, a Fortune 50 tech company, into Northwest Houston.
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30 years
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Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$0.00
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
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Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00
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