Updated Dec 4, 2024
KKR Acquires 616,000 SF Industrial Property In Dallas From Trammell Crow Co
9280 Van Horn Drive
Building Size
616,000 SF
Asset Type
Industrial
Closing
May 3, 2022
About this deal
AI
Randy Baird, Jonathan Bryan, Ryan Thornton, and Eliza Bachhuber of CBRE represented the seller, Trammell Crow Co., in the sale of an industrial property located at 9280, 9186, and 9190 Van Horn Drive in Dallas. The property has a total square footage of 616,000 and was sold to KKR.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: Not provided
Randy Baird, Jonathan Bryan, Ryan Thornton, and Eliza Bachhuber, all from CBRE, acted as the brokers for Trammell Crow Co. in this deal.
On the Map
Industrial
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Players
Dallas 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