Hunter Harrison Of PHP Capital Partners Acquires 115000 Square Foot Gateway Business Center In Irving
6005 Commerce Drive, 6000 Campus Circle Drive West & 6012 Campus Circle Drive West
Building Size
115,000 SF
Asset Type
Mixed-use
Closing
Dec 12, 2025
About this deal
AI
The property asset involved in this transaction is a mixed-use development located at 6005, 6015 Commerce Drive and 6000 & 6012 Campus Circle Drive W in Irving, Texas. The total square footage of the Gateway Business Center is 115,000, and it consists of four buildings that expand PHP Capital Partners' industrial portfolio in Texas.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: Not disclosed
- Date of Transaction: 12/12/2025
- Buyer: Hunter Harrison - PHP Capital Partners
- Capital Partner: Panther FW Investments
- Market: Irving
- Address: 6005, 6015 Commerce Drive; 6000 & 6012 Campus Circle Drive W
- Total Square Footage: 115,000
This transaction marks PHP Capital Partners' fourth acquisition of the year 2025, indicating a significant expansion strategy within the Texas industrial market. Hunter Harrison represents PHP Capital Partners in this deal, collaborating with Panther FW Investments to secure this business park.
On the Map
Mixed-use
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Property Record
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Players
Irving Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
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Deal FAQ
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