Luke J. Petherbridge Of Link Logistics Acquires Industrial Portfolio In Coppell And Round Rock

The asset involved in this transaction includes a two-building industrial portfolio located at 450 Airline Drive in Coppell, TX, and 2401 Double Creek Drive in Round Rock, TX, totaling 352,111 square feet. At the time of sale, both properties were fully leased.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: Not disclosed
• Address: 450 Airline Drive & 2401 Double Creek Drive
• Market: Coppell & Round Rock, TX
• Square Footage: 352,111
• Buyer: Luke J. Petherbridge
• Buyer's Company: Link Logistics

Link Logistics acquired the properties to enhance its presence in the Dallas-Fort Worth and Austin markets. This acquisition aligns with the company's strategy of investing in logistics assets that are in high demand across Texas.