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 14200 FAA Boulevard & 6751 North Eldridge Parkway
SOLD

Sterling Investors Acquires Two Texas Warehouses From GLP Capital Partners Via JLL

14200 FAA Boulevard & 6751 North Eldridge Parkway

Industrial
1,684,624 SF
clock iconSold 118 days ago
Lance Young
Matthew Barge
Pauli Kerr
+ 6
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Summary

Sale
TEXAS
Industrial
1,684,624 sqft

Summary of transaction details

Players

  • All

    10

  • Agents

    8

  • Agencies

    1

  • Lenders

    1

Lance Young's profile picture
Lance Young
JLL-image
Investment Advisory Analyst
Matthew Barge's profile picture
$31.5M Sold
Tom  Weber's profile picture

Details

Deal Summary
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SOLD
IMAGE: Khaled Kudsi, Brooke Petzold, Charlie Strauss, Lance Young, Matthew Barge, Parker McCormack, Pauli Kerr, Trent Agnew & Tom Weber DATE: 02/16/2024 ADDRESS: 14200 FAA Boulevard & 6751 North Eldridge Parkway MARKET: Fort Worth & Houston ASSET TYPE: Industrial ~ SF: 842,312 ~ ACRES: 50 BUYER: Khaled Kudsi - Sterling Investors SELLER: GLP Capital Partners BROKERS: Brooke Petzold (@Brooke_Petzold), Charlie Strauss (@Swordfish_Strauss15), Lance Young (@Everybody_Lance_now), Matthew Barge (@Matthew_Barge), Parker McCormack (@ParkerMcCormack_), Pauli Kerr (@PauliKerr), Trent Agnew & Tom Weber - JLL (@JLL) LENDER: Principal Life Insurance Company (@Principal) NOTE: GLP Capital Partners sold two Texas warehouses, CentrePort 2 in Fort Worth and Northwest Logistics Center in Houston, to Sterling Investors for an undisclosed amount. JLL Capital Markets facilitated the deal, with CentrePort 2 boasting 97 dock-high loading doors and 32-foot clear heights, while Northwest Logistics Center features 138 dock-high loading doors and 32-foot clear heights.

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Address 14200 FAA Boulevard & 6751 North Eldridge Parkway

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