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

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.