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

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SOLD
$905,000,000

Texas

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

9314 East Jefferson Street

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Industrial
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Summary

TEXAS
Asset Type:Industrial
Transaction Type:Sale

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

2 deals$905M volume
BROKER

BUYER



Details

SOLD
IMAGE: James R. Segerdahl DATE: 09/22/2022 ADDRESS: 9314 W. Jefferson Blvd., N96 W14849 County Line Road, 480 Park Center Drive, 555 Nestlé Way, 2760 Red Lion Road, 225 Infinity Drive NW & 4400 12th St. MARKET: Dallas, Menomonee Falls, Winchester, Breinigsville, Philadelphia, Charleston, West Columbia ASSET TYPE: Industrial BUYER: Ponte Gadea SELLER: Ocean West Capital Partners, Tiger Alternative Investors & Realty Income BUYER’S REP: Alvarez & Diaz-Silveira LLP SELLER’S REP: K&L Gates LLP (@KLGatesLLP) SALE PRICE: $905,000,000

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$48,266,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$3,215,273.85
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,290,161.71
Annual Debt Service$51,481,940.51