Cushman & Wakefield Arranges Sale Of 1.6 Million Square Foot Industrial Portfolio Across Four States

A seven-building industrial portfolio was sold, comprising 1.6 million square feet located in Carrollton, Texas; Chino, California; Salt Lake City, Utah; and Murfreesboro, Tennessee. The properties were constructed in the mid-2000s and were 97% leased at the time of the sale. Key features include 30-foot clear heights, ESFR sprinklers, tilt-up concrete construction, and truck courts, catering to a mix of national and regional tenants.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: Unspecified
• Square Footage: 1,600,000
• Address: Industrial Portfolio
• Market Locations: Carrollton, Texas; Chino, California; Salt Lake City, Utah; Murfreesboro, Tennessee
• Broker Representatives: Jim Carpenter, Robby Rieke, Emily Brandt, Jeff Chiate, Casey Masters & Adam Pastor - Cushman & Wakefield

Cushman & Wakefield facilitated the transaction, representing the seller in the negotiation process with an unnamed institutional buyer. The portfolio represents a substantial investment in industrial real estate across multiple states, demonstrating a commitment to high-quality, well-leased properties in key markets.