CanTex Capital sold eight industrial outdoor storage (“IOS”) assets located across the Dallas-Fort Worth metroplex to Stockbridge Capital Group (“Stockbridge”).
The eight-building, 44-acre portfolio boasts a 100% occupancy rate across four distinct IOS subtypes, supporting a broad range of uses. The portfolio is located in the submarkets in the Dallas-Fort Worth area of Brookhollow / Trinity, Garland, Great Southwest and Central and East Fort Worth.
The properties offer access to the area’s extensive freeway system and rail hubs, as well as to Dallas Fort Worth International Airport and Dallas Love Field Airport.
“This transaction illustrates CanTex’s expertise in the Dallas-Fort Worth area’s burgeoning industrial outdoor storage sector amid growing demand for high-quality, mission-critical industrial and logistics real estate,” said Romit Cheema, CEO of CanTex Capital.
CanTex has transacted over 8.3 million square feet of Class B industrial space since 2020.
Eastdil Secured served as the exclusive advisor to CanTex on the transaction.
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