Westcore Acquires 1.1M SF Industrial Portfolio Across Grand Prairie Arlington And Dallas
Texas
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A 1.1 million square foot, 12-building Class B industrial portfolio was acquired by Westcore across Grand Prairie, Arlington, and Dallas. This portfolio is currently 97% leased and comprises significant industrial assets within the Dallas area. The transaction is part of Westcore's efforts to expand its holdings in the region, bringing its total to 3.9 million square feet.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Undisclosed
- Square Footage: 1,100,000
- Address: Industrial Portfolio
- Market: Grand Prairie, Arlington & Dallas
- Buyer: Westcore
- Broker: Josh McArtor, Caitlin Clinton & Katie Bostic - Eastdil Secured
The acquisition was brokered by Eastdil Secured on behalf of an undisclosed seller. The portfolio will undergo capital and cosmetic upgrades aimed at enhancing its curb appeal and functionality, indicative of Westcore's strategy for improving asset value in the competitive market.
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