HFF Arranges Sale of Industrial Portfolio in Dallas, Houston

DALLAS, HOUSTON — HFF has arranged the sale of a 27-building, 2.35 million-square-foot, 95.6-percent leased industrial portfolio located in Metro Dallas and Houston. HFF marketed the portfolio on behalf of the seller, a partnership between Mayfield Properties LP and AB Real Estate Group. A private fund advised by Crow Holdings Capital – Real Estate purchased the assets for an undisclosed amount. The eight Dallas-Fort Worth properties are located in the DFW Airport North, Great Southwest, Valwood and West Brookhollow industrial markets. The 11 buildings are 98 percent leased and total 1 million square feet. The eight Houston facilities are located in the Northwest and Southwest industrial markets and total 16 buildings with 1.3 million square feet. That portfolio is 93.6-percent leased. Randy Baird, Rusty Tamlyn, Jud Clements, Trent Agnew, Robby Rieke, Stephen Bailey and John Rogers led the HFF investment sales team representing the seller.