Stream Realty Partners has closed on the recapitalization of a portfolio of seven class A industrial assets in Texas. The industrial properties contributed to a continuation vehicle formed in partnership with a New York–based global investor.
The industrial parks were developed by Stream from 2021 to 2024 and comprise 4.4 million square feet of class A industrial space catering to a variety of modern industrial users. The buildings feature clear heights ranging from 28 to 40 feet and include a variety of cross-dock, front-load, and rear-load configurations, offering flexible footprints from 25,000 square feet of shallow bay to 1 million square feet of bulk distribution space. The assets are strategically located in high-growth submarkets of Dallas, Austin and San Antonio, boasting strong in-place tenancy from a diverse user base. The formation of the vehicle provides additional duration and capital to further realize the embedded value within the portfolio.
Under the