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Partners Capital Acquires Dixie Farm Business Park Industrial Property With Financing From Veritex Community Bank

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SOLD

Texas

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Industrial196,000 SF
Sold 01/23/2025
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SOLD

Partners Capital Acquires Dixie Farm Business Park Industrial Property With Financing From Veritex Community Bank

15255 Gulf Freeway

See Similar Deals
Industrial196,000 SF
Sold 01/23/2025
the dealplayerscompscontact
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Summary

TEXAS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:196,000 SF
Transaction Type:Sale

The industrial property involved in this transaction is located at 15255 Gulf Freeway in Houston. The asset spans 196,000 square feet and was 96% leased at the time of the sale. The property is part of the Dixie Farm Business Park and was acquired without disclosure of the seller or transaction price.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not disclosed
  • Buyer: Partners Capital
  • Lender: Veritex Community Bank
  • Leasing Status: 96% leased

Partners Capital plans to implement a value-add program for the property following the acquisition. The financing for the purchase was secured through Veritex Community Bank, indicating a financial partnership in the transaction.

Players

PI
Partners Capital Inc.
BUYER
Veritex Bank
Veritex Bank
LENDER
VB
Veritex Community Bank
LENDER

Details

SOLD
IMAGE: 01/23/2025 ADDRESS: 15255 Gulf Freeway MARKET: Houston ASSET TYPE: Industrial ~ SF: 196,000 BUYER: Partners Capital LENDER: Veritex Community Bank (@VeritexBank) NOTE: Partners Capital acquired Dixie Farm Business Park, a 196,000-square-foot industrial property in southeast Houston, with financing from Veritex Community Bank. The property, 96% leased at the time of sale, was purchased without disclosing the seller or price, and the new owner plans a value-add program.

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