Updated Sep 21, 2026
Rick Stone Of Sagard Real Estate And La Caisse Acquire 13-Acre Industrial Property In Austin
Burleson Road
Building Size
—
Asset Type
Industrial
Closing
Jun 23, 2026
About this deal
AI
The transaction involved the acquisition of a fully leased 13-acre industrial outdoor storage property located at the intersection of Highway 71 & Burleson Road in Austin, Texas. This property is situated in a rapidly growing logistics market, characterized by rising institutional demand for industrial outdoor storage assets.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: Intersection of Highway 71 & Burleson Road
- Market: Austin, TX
- Acres: 13
- Buyer: Rick Stone - Sagard Real Estate; La Caisse
Sagard Real Estate and La Caisse expanded their joint venture through this acquisition, highlighting their engagement in one of the nation's key logistics hubs. The deal positions them strategically amid tight supply and sustained industrial growth in Austin.
Players
Burleson 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