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12918 Beltex Drive

David Reid Acquires Industrial Asset From Megacentro With Seller's Representatives Hunter Mills & Marc Royer
SOLDIndustrial

David Reid Acquires Industrial Asset From Megacentro With Seller's Representatives Hunter Mills & Marc Royer

12918 Beltex Drive

Building Size

49,372 SF

Asset Type

Industrial

Closing

Aug 7, 2025

AI

The property asset involved in the transaction is located at 12918 Beltex Drive in Manor. This industrial asset encompasses a total square footage of 49,372. The transaction has been recorded without disclosing the sales price, as it remains confidential.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not disclosed
  • Address: 12918 Beltex Drive
  • Market: Manor
  • Buyer: David Reid
  • Seller: Megacentro
  • Seller's Representative: Hunter Mills & Marc Royer - Cushman & Wakefield

The deal includes David Reid as the buyer, acquiring the industrial property from seller Megacentro. The transaction was facilitated by the seller's representatives, Hunter Mills and Marc Royer, who are associated with Cushman & Wakefield, underscoring their role in the closure of this deal.

Players

Hunter Mills

Cushman & Wakefield

Broker

7 deals

Broker
Cushman & Wakefield
Cushman & WakefieldBrokerage

Manor 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