Ponte Gadea Acquires Industrial Assets In Dallas, Menomonee Falls, Winchester, And More For $905M
9314 East Jefferson Street
$905,000,000
Building Size
—
Asset Type
Industrial
Closing
Apr 17, 2023
AI
Ponte Gadea has acquired a portfolio of industrial properties in a deal worth $905,000,000. The properties included in the transaction are located at 9314 W. Jefferson Blvd., N96 W14849 County Line Road, 480 Park Center Drive, 555 Nestlé Way, 2760 Red Lion Road, 225 Infinity Drive NW, and 4400 12th St. These properties are situated in various markets, including Dallas, Menomonee Falls, Winchester, Breinigsville, Philadelphia, Charleston, and West Columbia. The asset type of the properties is industrial.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $905,000,000
- Buyer: Ponte Gadea
- Seller: Ocean West Capital Partners, Tiger Alternative Investors, and Realty Income
- Buyer's Representative: Alvarez & Diaz-Silveira LLP
- Seller's Representative: K&L Gates LLP
The buyer, Ponte Gadea, enlisted the legal services of Alvarez & Diaz-Silveira LLP as their representative in the deal. On the other hand, the seller was represented by K&L Gates LLP. These key individuals and companies played a crucial role in facilitating the successful transaction.
Players
Grand Prairie Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.02%
Cash-on-Cash
-0.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93