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Westcore Acquires 1.1M SF I...

Updated Oct 14, 2025

Westcore Acquires 1.1M SF Industrial Portfolio Across Grand Prairie Arlington And Dallas
SOLDIndustrial

Westcore Acquires 1.1M SF Industrial Portfolio Across Grand Prairie Arlington And Dallas

Building Size

1,100,000 SF

Asset Type

Industrial

Closing

Oct 6, 2025

About this deal

AI

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:

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.

Players

Josh McArtor

Eastdil Secured

Broker

2 deals

Broker
Eastdil Secured
Eastdil SecuredBrokerage
Westcore
WestcoreBuyer

Market Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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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

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