Updated Sep 11, 2026
Romy Cheema Of CanTex Capital Purchases Industrial Asset From LoneStar Fiberglass Pools For $2.0M
7570 Interstate Highway 35
Building Size
18,535 SF
Asset Type
Industrial
Closing
Aug 28, 2026
About this deal
AI
The property asset involved in the transaction is an industrial asset located at 7570 Interstate Highway 35 in the New Braunfels market. The asset encompasses a total square footage of 18,535, highlighting its suitability for industrial operations.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Address: 7570 Interstate Highway 35
- Market: New Braunfels
- Seller: LoneStar Fiberglass Pools
- Buyer: Romy Cheema - CanTex Capital
- Buyer’s Representative: Patrick Cromwell - Savills
This deal was executed on August 28, 2026, with Romy Cheema representing CanTex Capital as the buyer, while Patrick Cromwell from Savills acted as the representative for the buyer in this transaction involving LoneStar Fiberglass Pools as the seller.
Players
New Braunfels 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