FORT WORTH-Conti Warehouses has added to its existing portfolio of industrial properties by purchasing a 157,000-square-foot warehouse building formerly occupied by Levitz Furniture. The local investment firm acquired the property for an undisclosed amount; however, the property was listed at $2.4 million.
Situated on nearly 10 acres at 6913 W. Camp Bowie Blvd., the facility has been on the market since 2005 when it was acquired California-based Hearthstone Delaware Properties as an investment, according to Pete Richardson, a senior vice president with Henry S. Miller Brokerage.
Pete Richardson and his brother Drew Richardson brokered the deal on behalf of the seller, Hearthstone Delaware Properties. Conti was represented internally by Ryan Wood.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
