Todd Briddell Of CenterSquare Investment Management Acquires Industrial Portfolio In Carrollton And Addison
Building Size
172,776 SF
Asset Type
Industrial
Closing
Dec 5, 2025
AI
The Metropolitan Infill industrial portfolio consists of two fully leased service-industrial buildings located in the Carrollton and Addison markets, totaling 86,388 square feet. The buildings feature small-bay suites and mixed loading facilities, ideal for industrial operations.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: Industrial Portfolio
- Market: Carrollton & Addison
- Asset Size: 86,388 SF
- Buyer: Todd Briddell - CenterSquare Investment Management
CenterSquare Investment Management acquired the portfolio on behalf of a Midwest public fund, marking its first service-industrial deal in the Dallas MSA. The firm intends to upgrade the exteriors and push rents to market, which will enhance its national portfolio to nearly 1.8 million square feet.
Market Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93