Birtcher Anderson & Davis And Belay Investment Group Sell Industrial Portfolio In Dallas–Fort Worth
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Summary
An eight-property light industrial portfolio, totaling 439,916 square feet, was sold in the Dallas–Fort Worth market. The portfolio is 87.7% leased to over 85 tenants, highlighting a diverse tenant base within the assets.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Strong sale price
- Date: 11/13/2024
- Address: Industrial Portfolio
- Market: Dallas–Fort Worth
- Asset Size: 439,916 SF
- Seller Representatives: Bob Anderson - Birtcher Anderson & Davis; Eliza Bailey - Belay Investment Group
- Broker: Stephen Bailey - Newmark
- Leased Percentage: 87.7%
- Number of Tenants: Over 85
Birtcher Anderson & Davis, in partnership with Belay Investment Group, achieved their fifth successful exit focused on infill, multi-tenant light industrial assets through this transaction. The portfolio was marketed by Newmark, showcasing the partnership's effective strategy in the industrial real estate market.
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