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9314 East Jefferson Street

Ponte Gadea Acquires Industrial Assets In Dallas, Menomonee Falls, Winchester, And More For $905M
SOLDIndustrial

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

James R. Segerdahl

Broker

$905M

vol

2 deals

Broker
PG
Ponte GadeaBuyer
OP
Ocean West Capital PartnersSeller

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