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Bixby Capital Management Acquires Industrial Portfolio In Mesquite From Huntington Industrial Partners

Property Image
SOLD
Randy Baird
Nathan Wynne
+ 3

Texas

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Industrial1,600,896 SF
Sold 10/04/2024
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Property Image
SOLD

Bixby Capital Management Acquires Industrial Portfolio In Mesquite From Huntington Industrial Partners

1420 Military Parkway, 1204 Military Parkway & 1110 Military Parkway

See Similar Deals
Industrial1,600,896 SF
Sold 10/04/2024
Randy Baird
Nathan Wynne
+ 3
Contact now

Summary

TEXAS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:1,600,896 SF
Transaction Type:Sale

The transaction involved an industrial portfolio consisting of three buildings with a total square footage of 533,632, located at 1420, 1204 & 1110 Military Parkway in Mesquite, Texas. The portfolio spans an area of 42.4 acres and is part of the expanding industrial market in the Dallas-Fort Worth region.

Summary of transaction details:

Bixby Capital Management conducted the acquisition through its Industrial Fund I, contributing to the significant sales activity in the industrial sector, which has reached nearly $3 billion year-to-date in the market.

Players

Nathan Wynne
21 deals$170.5K volume(713) 577-1724
BROKER


Jonathan Bryan
CBRE
17 deals$45.5M volume(214) 979-6304
BROKER

Matt Ballard
CBRE
3 deals$330.8M volume(214) 979-5694
BROKER


Scott Lewis
CBRE
2 deals$245.8M volume(214) 497-7171
BROKER

Details

SOLD
IMAGE: Jonathan Bryan, Matt Ballard, Nathan Wynne, Randy Baird, Ryan Thorton & Scott Lewis DATE: 10/04/2024 ADDRESS: 1420, 1204 & 1110 Military Parkway MARKET: Mesquite ASSET TYPE: Industrial ~ SF: 533,632 ~ ACRES: 42.4 BUYER: Bixby Capital Management SELLER: Huntington Industrial Partners BROKERS: Jonathan Bryan, Matt Ballard, Nathan Wynne, Randy Baird, Ryan Thorton & Scott Lewis - CBRE (@CBRE) LENDER: PCCP LLC NOTE: Bixby Capital Management acquired a 533,632-square-foot, three-building industrial portfolio in Mesquite, Texas, from Huntington Industrial Partners, with CBRE brokering the deal and securing financing. The purchase, made through Bixby's Industrial Fund I, adds to Dallas-Fort Worth's booming industrial market, which saw nearly $3 billion in sales year-to-date.

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