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SOLD

ATCAP Partners Acquires 1.2M SF Industrial Portfolio In Houston 610 Loop From CenterPoint Properties

8500, 8530, 8550-A, 8550-B, 8570 Market Street, 3240 S. Loop East, 7700 Cannon Street & 7703-7749 Cannon Street

Industrial
1,200,000 SF
clock iconSold 352 days ago
Jonathan Bryan
Ryan Thornton
Eliza Bachhuber
+ 3
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Summary

Sale
TEXAS
Industrial
1,200,000 sqft

ATCAP Partners has purchased an eight-building industrial portfolio in Houston's Houston 610 Loop. The portfolio, sold by CenterPoint Properties, comprises fully leased industrial space totaling around 1.2 million square feet. The transaction took place on May 18, 2023, at 8500 Market St, Houston, TX 77029.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $0.0
  • Units: ~
  • Price per Unit: NaN$
  • Square Footage: 0
  • Price per Square Foot: NaN$

The purchase offers ATCAP Partners a portfolio of fully leased industrial properties, providing cash-flow stability and potential for rent growth in a market with limited supply. CenterPoint Properties acted as the seller in this deal, representing the eight-building industrial portfolio in Houston's Houston 610 Loop.

Players

  • All

    6

  • Agents

    5

  • Agencies

    1

Jonathan Bryan's profile picture
Jonathan Bryan
CBRE-image
Executive Vice President
Nathan Wynne's profile picture
$170.5K Sold

Details

Deal Summary
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SOLD
IMAGE: 2023-05-18 ADDRESS: 8500 Market St, Houston, TX 77029 MARKET: ASSET TYPE: Industrial BUYER: SELLER: BUYER'S REP: SELLER'S REP: BROKERS: SALE PRICE: 0.0 UNITS: ~ PPU: NaN$ SF: 0 PPSF: NaN$ NOTE: ATCAP Partners has purchased an eight-building industrial portfolio in Houston's Houston 610 Loop. The portfolio, sold by CenterPoint Properties, comprises fully leased industrial space totaling around 1.2 million square feet, offering cash-flow stability and rent growth potential in a market with limited supply.

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Address8500, 8530, 8550-A, 8550-B, 8570 Market Street, 3240 S. Loop East, 7700 Cannon Street & 7703-7749 Cannon Street

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