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7229 Jackrabbit Road

Jeremy Cohen And Jack McNamee Acquire 17,000SF Industrial Property From Bill Kacal In Houston
SOLDIndustrial

Jeremy Cohen And Jack McNamee Acquire 17,000SF Industrial Property From Bill Kacal In Houston

7229 Jackrabbit Road

Building Size

17,000 SF

Asset Type

Industrial

Closing

Jan 6, 2026

AI

The asset involved in this transaction is an industrial property located at 7229 Jackrabbit Road in Houston, featuring 17,000 square feet of warehouse space situated on 3.3 acres. This property is strategically positioned in Houston's Northwest/290 Industrial Submarket, just minutes from the 290 freeway.

Summary of transation details:

  • Property Type: Industrial
  • Transaction Amount: Not specified
  • Address: 7229 Jackrabbit Road
  • Market: Houston
  • Square Footage: 17,000
  • Seller: Bill Kacal
  • Buyer: Jeremy Cohen & Jack McNamee
  • Brokers: Derick Perkins & Jonas Fertitta - Alpine Partners

The brokers involved in this transaction, Derick Perkins and Jonas Fertitta from Alpine Partners, played a significant role in facilitating the deal. The note from the broker highlights the successful execution of the transaction, acknowledging the efficiency of Center Capital Partners LLC Terminal Logistics Fund in bringing this deal to fruition.

Players

Derick Perkins

Alpine Partners

Broker

$2.1M

vol

16 deals

Broker

Houston 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