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911 West Mayfield Road

Updated Aug 19, 2025

Levi Benkert Of Harbor Capital Acquires Shoreline Business Park In Arlington For Industrial Use
SOLDIndustrial

Levi Benkert Of Harbor Capital Acquires Shoreline Business Park In Arlington For Industrial Use

911 West Mayfield Road & 923 West Mayfield Road

Building Size

190,008 SF

Asset Type

Industrial

Closing

Aug 19, 2025

About this deal

AI

Harbor Capital has acquired Shoreline Business Park, a fully leased industrial asset located at 911-923 West Mayfield Road, Arlington, TX. The property encompasses 190,008 square feet and was purchased at a discount to replacement cost in a tight industrial market.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not specified
  • Square Footage: 190,008
  • Address: 911-923 West Mayfield Road
  • Market: Arlington
  • Buyer: Levi Benkert - Harbor Capital
  • Broker: Stream Realty Partners

The firm intends to implement targeted upgrades aimed at enhancing tenant retention and facilitating rent growth, with S2 Industrial Property Management assigned to manage the asset.

On the Map

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Industrial

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Players

Stream Realty Partners⁠
Stream Realty Partners⁠Brokerage
Harbor Capital
Harbor CapitalBuyer
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Arlington 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

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