MoxieBridge has sold a 19-building portfolio comprising 764,156 square feet of infill shallow-bay industrial space in the Dallas-Fort Worth area.
Arden Logistics Parks, (ALP) a best-in-class logistics real estate operating platform, acquired the asset on behalf of Arden Group and Arcapita.
The portfolio caters to a wide range of light industrial and big box users with suite sizes ranging from 4,600 to 75,000 square feet, clear heights ranging from 16 to 32 feet and 21% office finish. The portfolio’s 19 buildings are 96% leased to 29 diverse tenants with an average remaining lease term of 4.3 years.
The portfolio comprises:
15301-15232 Midway in Addison
1705 John Connally in Carrollton
3325-2442 Halifax in Dallas
712-740 West Mockingbird in Dallas
3138 Quebec in Dallas
4700 Alpha in Dallas
12400 Ford in Farmers Branch
3609 Marquis in Garland
902-910 Fountain in Gr
