HOUSTON – ATCAP Partners purchased a portfolio of eight industrial buildings totaling approximately 1.2 million sf from CenterPoint Properties.
The buildings have a mix of front-load and cross-dock configurations and clear heights ranging from 20 to 34 ft.
At the time of sale, the properties were fully leased to a roster of tenants with a weighted average remaining lease term of 3.75 years.
CBRE brokered the deal.