GARLAND – Westmount Realty Capital LLC and a fund managed by DRA Advisors has sold the Dallas Food Center.
The 1.1 million-sf cold storage facility is at 2600 McCree Rd.
Westmount recently raised the ceiling heights by 15 ft and added 90,000 sf of freezer space.
The property was 92 percent leased at the time of sale to a mix of tenants that includes Kraft Heinz.
CBRE represented the seller.
The Real Estate Center has more on DFW’s industrial market:
Source: REBusiness Online