Costex Tractor Parts Acquires Industrial Asset From Parker-Hannifin Corporation In Fort Worth
4701 Mercantile Drive
Building Size
151,280 SF
Asset Type
Industrial
Closing
Oct 6, 2025
AI
The property asset involved in this transaction is located at 4701 Mercantile Drive in Fort Worth. It is categorized as an industrial asset with a total square footage of 151,280. The transaction details include the buyer being Costex Tractor Parts and the seller being Parker-Hannifin Corporation.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Address: 4701 Mercantile Drive
- Market: Fort Worth
- Buyer's Representative: Ryan Lents - TIG Real Estate
- Seller's Representatives: Andy Goldston - Citadel Partners; Anna Lee Moore - SVN Dunn Commercial
The transaction occurred on 10/7/2025, involving key individuals such as Ryan Lents representing the buyer and Andy Goldston along with Anna Lee Moore representing the seller. This deal showcases the collaboration between various agents in a successful property transaction.
Players
Fort Worth 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