Goldman Sachs Acquires 838,446 Square Foot Industrial Facility In Katy Texas From Pinpoint Commercial And Senterra
22206 Beckendorff Road
Building Size
838,446 SF
Asset Type
Industrial
Closing
May 29, 2026
AI
Goldman Sachs acquired a Class A industrial facility at 22206 Beckendorff Road, Katy, TX, totaling 838,446 square feet. The asset was purchased from Pinpoint Commercial and Senterra. The facility was built in 2024 and features a cross-dock warehouse layout. It is fully leased to Builders FirstSource, which has consolidated multiple locations into this site, anchoring a larger industrial park that is planned for future expansion in Houston’s Northwest submarket.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Square Footage: 838,446
- Address: 22206 Beckendorff Road
- Market: Katy, TX
- Buyer: David M. Solomon - Goldman Sachs
- Seller: Pinpoint Commercial & Senterra
- Brokers: Trent Agnew, Charlie Strauss, Lance Young, Clay Anderson & Dawson Hastings - JLL
The transaction involved key individuals such as David M. Solomon representing the buyer, Goldman Sachs, known for its strategic investment in industrial assets. The brokers from JLL played a crucial role in facilitating the deal, showcasing their capabilities in handling large-scale transactions within the industrial sector.
Players
Katy 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