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900 Arthur's Ln

Bixby Capital Management Acquires Red River Business Park In Lewisville Texas For 241104 Square Feet
SOLDIndustrial

Bixby Capital Management Acquires Red River Business Park In Lewisville Texas For 241104 Square Feet

900 Arthur's Ln

Building Size

241,104 SF

Asset Type

Industrial

Closing

May 21, 2025

AI

The Red River Business Park, located at 900 Arthur's Ln in Lewisville, is a newly built industrial complex encompassing 241,104 square feet. This Class A property currently has a leasing rate of 56% and features modern logistics capabilities along with strategic access to major highways I-35 and SH-121.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not disclosed
  • Address: 900 Arthur's Ln
  • Market: Lewisville
  • Square Footage: 241,104
  • Buyer: Aaron Hill & Lexi Geiger
  • Buyer’s Company: Bixby Capital Management

Bixby Capital Management, represented by Aaron Hill and Lexi Geiger, acquired the property. The three-building complex presents potential growth opportunities through remaining lease-up. Bixby Capital Management is known for managing and investing in Class A industrial assets.

Players

Aaron Hill

Bixby Land Co.

Buyer

$121.3M

vol

6 deals

Buyer

Lewisville 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