Updated Jul 23, 2026
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
About this deal
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:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Address: 18239 Aldine Westfield Road
- Market: Houston, TX
- Asset Size: 435,680 square feet
- Acres: 26
- Seller: Clay Duvall & David Binswanger - Lincoln Property Company
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.
On the Map
Industrial
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Players
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