An industrial property portfolio has been sold for $905,000,000 in a recent transaction. The portfolio includes multiple assets located in different cities, including 9314 W. Jefferson Blvd. in Dallas, N96 W14849 County Line Road in Menomonee Falls, 480 Park Center Drive in Winchester, 555 Nestlé Way in Breinigsville, 2760 Red Lion Road in Philadelphia, 225 Infinity Drive NW in Charleston, and 4400 12th St. in West Columbia. The properties are situated in desirable markets and offer various opportunities for industrial use.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $905,000,000
• Buyer: Ponte Gadea
• Seller: Ocean West Capital Partners, Tiger Alternative Investors, and Realty Income
• Buyer's Representative: Alvarez & Diaz-Silveira LLP
• Seller's Representative: K&L Gates LLP
• Market: Dallas, Menomonee Falls, Winchester, Breinigsville, Philadelphia, Charleston, West Columbia
• Date: 09/22/2022

Ponte Gadea, represented by Alvarez & Diaz-Silveira LLP, acquired the portfolio from sellers Ocean West Capital Partners, Tiger Alternative Investors, and Realty Income, with legal representation from K&L Gates LLP. This significant transaction highlights the strong demand for industrial properties in the current market.