Basis Industrial Acquires Industrial Property From Stephen A. Schwarzman And Luke Petherbridge In DFW

The transaction involves an industrial asset located at Arapaho & Westwood in the DFW market. The deal records a change of ownership to the buyer, Basis Industrial, from the sellers Stephen A. Schwarzman of Blackstone and Luke Petherbridge of Link Logistics Real Estate.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: Not specified
• Buyer: Basis Industrial
• Seller: Stephen A. Schwarzman - Blackstone & Luke Petherbridge - Link Logistics Real Estate
• Buyer's Representative: Anthony Scavo - Basis Industrial
• Seller's Representative: Stephen Bailey - Newmark
• Date of Transaction: 5/1/2025
• Address: Arapaho & Westwood, Multiple

The deal features key representatives, with Anthony Scavo acting on behalf of the buyer and Stephen Bailey representing the sellers. The involvement of notable individuals in the transaction showcases the engagement of prominent professionals in the real estate industry.