Cabot Properties has sold an eight-building modern industrial portfolio totaling approximately 2.4 million square feet across Dallas-Fort Worth and Houston. The portfolio was acquired by a private real estate investment firm.
“The disposition of these separate collections of properties across some of the top industrial submarkets in Texas required a well-coordinated and strategic marketing campaign,” said Carey Herrlinger, managing director, investments for the Western/Central regions at Cabot Properties. “The Cabot team’s deep expertise and reputation in the logistics space, effective asset and property management, and our strong relationships in the local market contributed to the successful execution of our business plan with a highly favorable results across all these assets.”
Five of the properties are in the Dallas-Fort Worth submarkets of South Dallas, Alliance, DFW Airport, and Great Southwest/Arlington with an average vintage of 2015, totaling approx
