FICTIONAL SAMPLE — off-market owner-intel memo. The target (Cypress Bend Logistics Center), the owner entity, the named individual, the registered agent, and every address, phone number, and loan detail are invented sample data. The phone uses the reserved 555-01xx fictional exchange. Do not contact anyone based on this page. The only canon-grounded figure — the ~$240–$260/SF comp frame — ties to harborline_uw.xlsx.
Off-Market Research · Report

Off-Market Owner-Intel Memo — Cypress Bend Logistics Center

5400 E Ben White Blvd, Austin, TX 78741 (SE Austin) · 7 intel items, ranked most actionable first · prepared for Meridian Peak Partners, LLC (acquisitions)
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Nothing on this page is real. The target, the owner entity (Onion Creek Holdings LLC), the named individual, the registered agent, and every address, phone number, and loan detail are fictional sample data invented to demonstrate the Off-Market Research skill. The phone number uses the reserved 555-01xx fictional exchange. Do not contact anyone based on this page. Before any real outreach, re-run against live public records and verify every fact independently.
Est. value range
$23–25M
~$240–260/SF · illustrative
Rentable area
~96,000 SF
small-bay / flex, built 2004
Sell catalyst
~$11.5M CMBS
maturing ~4 months
Hold period
~15 years
depreciation burnout
Decision-maker
1 member
single-asset TX LLC
How to use this memo. Intel items are ranked most-actionable first and typed SIGNAL (a reason to transact), OWNERSHIP (who controls the entity), CONTACT (how you'd reach them), and THESIS (the acquisition case). Filter with the chips; expand any item for the sample public-record detail behind it. The one figure grounded in canon — the ~$240–$260/SF comp frame — ties to the Harborline underwriting comp set (harborline_uw.xlsx).
Filter by intel type — click to filter
All 7
Signal 3
Ownership 2
Contact 1
Thesis 1

1CMBS loan approaching maturity — the strongest reason to transact now SIGNAL

A securitized first mortgage of roughly $11.5M placed on the target about ten years ago is maturing within the next four months. Maturity into a higher-rate, tighter-proceeds refinancing market is the single most reliable off-market catalyst: the owner faces a cash-in refinance, a sale, or an extension request. Time outreach ahead of the maturity date, while the owner is weighing options and before a broker is engaged.

Sample public-record detail
Estimated current loan balance~$11.5M
Original loan amount (sample)$12.0M
Securitized~2016 (10-yr term)
Estimated maturity~Nov 2026
Coupon (sample)~4.6% fixed
Estimated current LTV~46–50%
Source: CMBS servicer / securitization sample record (fictional). Every value is an invented placeholder; verify against live records before any reliance.

215-year hold & depreciation burnout — a seller who has made their money SIGNAL

The sample appraisal-district history shows the entity took title around 2011 — roughly a 15-year hold. Owners this far into a hold have typically exhausted the bulk of their depreciation shield, carry a low remaining tax basis (so a sale is largely gain), and are past the value-add phase. Combined with the loan maturity in Item 1, the profile is an owner with strong equity, waning tax benefits, and a looming financing decision.

Sample public-record detail
Estimated acquisition year~2011
Hold period~15 years
Sample assessed value (current)~$18.9M
Prior sale price (sample)~$9.6M
Land / site~6.2 acres
Source: County appraisal district sample record (fictional). Every value is an invented placeholder; verify against live records before any reliance.

3Partnership-dissolution & 1031-window signals in the entity record SIGNAL

Two softer signals reinforce the timing. The sample Secretary of State record shows a recent change to the entity's registered agent / governing-person listing — administrative housekeeping that sometimes precedes a partner buyout, estate-planning transfer, or wind-down. And a sale timed to a 1031 window creates its own urgency. Treat these as leads to verify, not established facts.

Sample public-record detail
Entity type (sample)TX LLC, member-managed
Recent registered-agent changeYes (sample)
Governing persons listed1–2 (sample)
1031 exchange indicatorHypothesis only
Source: Secretary of State entity filing (fictional sample). Every value is an invented placeholder; verify against live records before any reliance.

4Owner entity traces to a single managing member / decision-maker OWNERSHIP

Title sits in Onion Creek Holdings LLC (fictional), a single-asset Texas LLC holding only the target. The governing-person listing traces to one managing member — Marlow T. Underhill (fictional sample; not a real person). A single-decision-maker structure is favorable for off-market outreach: no syndicate to herd, no fund LP-approval process. Verify the current member/manager and whether there are silent partners before assuming who signs.

Sample public-record detail
Vesting entityOnion Creek Holdings LLC
Entity structure (sample)Single-asset TX LLC
Managing member (sample)Marlow T. Underhill (fictional)
Silent partnersUnknown — verify
Source: Secretary of State + county sample records (fictional). Every value is an invented placeholder; verify against live records before any reliance.

5Entity & title history — confirm the chain before you rely on it OWNERSHIP

The sample deed abstract shows the target vested in the LLC via a single warranty deed at acquisition, with a deed of trust securing the CMBS loan and no intervening transfers of record. That clean, single-asset, single-lien pattern is what you want before spending time on an owner. Before outreach, pull the full chain of title and confirm the deed-of-trust beneficiary matches the loan in Item 1.

Sample public-record detail
Vesting deed (sample)Warranty deed, ~2011
Security instrumentDeed of trust (CMBS)
Intervening transfers of recordNone (sample)
Chain-of-title reviewRequired before reliance
Source: County deed records sample abstract (fictional). Every value is an invented placeholder; verify against live records before any reliance.

6Contact path — registered agent, mailing address, phone (all fictional placeholders) CONTACT

The reachable point of contact for a Texas LLC is its registered agent of record, then the entity's mailing address on the appraisal-district and Secretary of State files. All three fields below are fictional placeholders — the phone number uses the reserved 555-01xx exchange that can never route to a real line. Do not attempt contact based on this page; in a live run these would be populated from current records, and any outreach is a decision for the user.

Sample public-record detail
Registered agent (sample)Lone Star Corporate Agents, Inc. (fictional)
Entity mailing address (placeholder)1 Sample Plaza, Ste 000, Austin, TX 78701
Phone (reserved fictional exchange)(512) 555-0173
Best first touchMailed letter to agent / owner
Source: Registered-agent listing sample record (fictional). Every value is an invented placeholder; verify against live records before any reliance.

7Acquisition thesis & suggested approach THESIS

Cypress Bend is a near-neighbor to the Harborline small-bay thesis — same SE Austin US-183 / SH-71 corridor, same 4.8% submarket industrial vacancy — but larger and already built, so it is a stabilized bolt-on rather than a conversion play. On the Harborline comp set (~$240–$260/SF; caps 6.2–6.7%) a ~96,000 SF asset pencils to a ~$23–25M illustrative range. Suggested sequence: verify every fact against live records; time a principal-to-principal letter ahead of the maturity date; follow with a call only if the user elects. This memo is intel, not outreach — no message is sent from here.

Sample public-record detail
Rentable area (sample)~96,000 SF
Value / SF (Harborline comp set)~$240–$260
Illustrative value range~$23.0M–$25.0M
Stabilized small-bay cap range6.2%–6.7%
Source: Synthesis — Pursuit CRE AI Off-Market Research. Every value is an invented placeholder; verify against live records before any reliance.
Method, sourcing & ethics. This memo demonstrates how the Off-Market Research skill assembles owner intelligence from public-record layers — county appraisal district, Secretary of State entity filings, deed records, and securitized-loan servicing data — and ranks it into actionable intel. For this demonstration every layer is a fictional sample value. Nothing here identifies or targets a real person. In a live engagement each field would be populated from current records, independently verified, and any outreach would be composed and sent by the user — this tool researches and drafts; it does not contact anyone.
PURSUIT CRE AI · Every figure ties to a cited source — unsourced figures are flagged, never filled.