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Port America under new ownership

​​​DALLAS – California-base​​d REIT PS Business Parks Inc. has acquired Port America for $123 million.

​​The 717,735-sf industrial project consists of eight buildings. 

Port America was 96 percent leased at the time of sale. The average tenant suite is 8,000 sf. 

Texas logoThe Texas Real Estate Research Center has more on DFW’s industrial market:

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