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18239 Aldine Westfield Road

Clay Duvall & David Binswanger Of Lincoln Property Company Sell 435,680 SF Industrial Property In Houston
SOLDIndustrial

Clay Duvall & David Binswanger Of Lincoln Property Company Sell 435,680 SF Industrial Property In Houston

18239 Aldine Westfield Road

Building Size

435,680 SF

Asset Type

Industrial

Closing

Jul 20, 2026

AI

The Maverick Distribution industrial property, an asset located at 18239 Aldine Westfield Road in Houston, TX, spans 435,680 square feet and covers 26 acres. It was sold to an undisclosed buyer. The property was newly completed and is fully leased to Modular Power Solutions, with proximity to George Bush Intercontinental Airport.

Summary of transaction details:

Clay Duvall and David Binswanger represented Lincoln Property Company in the transaction, facilitating the sale of the property to an undisclosed buyer. The property is designed for industrial use and adds to the extensive portfolio managed by Lincoln Property Company.

Players

Clay Duvall

Lincoln Property Company

Seller

$1.8B

vol

22 deals

Seller

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