Updated Sep 11, 2026
Blastco Acquires Industrial Property In Houston From MJF Principal Holdings
9011 Sheldon Road
Building Size
27,044 SF
Asset Type
Industrial
Closing
Feb 15, 2023
About this deal
AI
A 27,044 square foot industrial property located at 9011 Sheldon Road in Houston has been sold in a recent transaction. The property was sold by MJF Principal Holdings to Blastco, a TF Warren Company. The sale was facilitated by Ryan Hartsell of Oxford Partners, who represented Blastco in the deal.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 9011 Sheldon Road
- Market: Houston
- Buyer: Blastco, A TF Warren Company
- Seller: MJF Principal Holdings
- Buyer's Representative: Ryan Hartsell - Oxford Partners
This transaction involved the sale of a 27,044 square foot industrial property located at 9011 Sheldon Road in Houston. Blastco, a TF Warren Company, purchased the property from MJF Principal Holdings. Ryan Hartsell of Oxford Partners represented Blastco as their buyer's representative in the deal.
On the Map
Industrial
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Market 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