Avistone Industrial Property Fund I, LLC acquired Northwest Crossing located in Dallas, Texas. The 126,894 square foot multi-tenant flex / warehouse project is located in the South Stemmons industrial sub-market easily accessed by I-35E and Loop 12 with a 10 minute drive to the Dallas/Fort Worth Airport. Built in 1982, the Project consists of four (4) buildings, and is currently leased to 31 tenants.
The company negotiated an acquisition price of well below replacement value, with healthy average cash-on-cash yields and a high IRR and investment multiple over a 5 year holding period.
Avistone Industrial Property Fund I, LLC acquired Northwest Crossing located in Dallas, Texas. The 126,894 square foot multi-tenant flex / warehouse project is located in the South Stemmons industrial sub-market easily accessed by I-35E and Loop 12 with a 10 minute drive to the Dallas/Fort Worth Airport. Built in 1982, the Project consists of four (4) buildings, and is currently leased to 31 tenants.
The company negotiated an acquisition price of well below replacement value, with healthy average cash-on-cash yields and a high IRR and investment multiple over a 5 year holding period.
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This communication is intended solely for accredited investors as such is defined in the Securities Act, and is not intended as an offer to sell, or the solicitation of an offer to buy any securities or ownership interests. The opinions and forecasts expressed herein are solely those of Avistone, LLC, as of February 24, 2023, and subject to change. Actual results, future events, predictions, circumstances and events will vary and be different from those set forth herein, and there are no guarantees that any positive or successful results, express or implied, by investors will be realized. Avistone specifically disclaims any right or obligation to provide investor returns at forecasted levels. Avistone’s track record from 2013 to December 2022; no guarantee of future results. The performance information of Avistone’s prior projects has not been audited by any third-party. The track record metrics reflect the weighted average performance of all our clients, and not every investor experienced exactly these same returns. Any and all evaluations for investment purposes must be considered in conjunction with a final Private Placement Memorandum (the “PPM”); all prospective investors are strongly encouraged to read all “risk factors” in the PPM. Further, some of the initial information provided above contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve numerous risks and uncertainties, and investors should not rely on them as predictions of future events. Investments in private securities contain a high degree of risk and often have long hold periods. They are illiquid and may result in the loss of principle. Avistone’s strategy may not occur due to numerous external influences.