Reuben Berman Of Entrada Partners Represents Basis Industrial In Sale Of Westwood Business Park
1890 Crown Drive
Building Size
111,807 SF
Asset Type
Industrial
Closing
Jun 29, 2025
AI
The transaction involved the sale of Westwood Business Park, a 111,807-square-foot industrial campus located at 1850, 1860, 1870, 1880 & 1890 Crown Drive in Farmers Branch, TX. The asset type is classified as industrial, reflecting its purpose and usage within the market.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Square Footage: 111,807
- Address: 1850, 1860, 1870, 1880 & 1890 Crown Drive
- Market: Farmers Branch, TX
- Buyer: Reuben Berman
- Seller: Anthony Scavo - Basis Industrial
- Buyer's Representative: Reuben Berman - Entrada Partners
This transaction marks the first official disposition for Basis Industrial. The sale reflects a relationship-driven deal with Entrada Partners and is part of Basis Industrial’s ongoing balance sheet strategy aimed at building a strong national portfolio through disciplined investment and strategic execution.
Players
Dallas 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