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1890 Crown Drive

Reuben Berman Of Entrada Partners Represents Basis Industrial In Sale Of Westwood Business Park
SOLDIndustrial

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

Reuben Berman

Entrada Partners

Broker

3 deals

Broker

Reuben Berman

Buyer

3 deals

Buyer

Anthony Scavo

Basis Industrial

Seller

$1.3B

vol

44 deals

Seller
Basis Industrial
Basis IndustrialSeller

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