Dalfen Industrial is expanding its partnership with Goldman Sachs' asset management unit to purchase 21 last-mile industrial buildings that are scattered across multiple markets in the U.S.
The locations of the portfolio include Las Vegas, Cincinnati, Dallas, and Pennsylvania. In total, the off-market acquisition spans 2.1 million square feet. The assets consist of 68 tenants and are 92 percent leased.
Dalfen, which is based in Dallas, has offices in Philadelphia and Cincinnati. It believes its regional presence will help contribute to strong operating performance for the portfolio. The exact cost of the acquisition was unclear.
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