Partners Group And New York Investor Acquire 20-Building Industrial Portfolio From Romit Cheema
Building Size
1,300,000 SF
Asset Type
Industrial
Closing
Apr 7, 2026
AI
The property asset involved in this transaction is a 20-building shallow-bay industrial portfolio located in the Dallas-Fort Worth market. The total square footage of the portfolio is nearly 1.3 million square feet, situated on a 61-acre site within supply-constrained submarkets including Northwest Dallas, South Stemmons, and DFW Airport.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Buyer: Partners Group & a New York-based global investor
- Seller: Romit Cheema - CanTex Capital
The deal marks CanTex Capital's largest transaction after completing over $460 million in Texas industrial dispositions within the last 18 months. This sale involved the transfer of a majority interest in the portfolio, reflecting significant investment activity in the Dallas-Fort Worth area.
Players
Market Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93