DENVER-Industrial Income Trust Inc.'s subsidiary is acquiring 12 industrial properties located in California, Illinois and Texas for nearly $194.5 million. The sale is scheduled to be close prior to the end of the current quarter.
The portfolio totalling 3.5 million square feet comprises a warehouse complex in Arlington, an industrial complex in Farmers Branch and two industrial buildings in Garland. Ridge Property Trust was the owner of the properties, which are nearly 100% occupied. For the full story, go to Dallas Morning News .
GlobeSt.com News Hub is your link to relevant real estate and business stories from other local, regional and national publications.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- 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
*May exclude premium content© 2025 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.
