WESTMOUNT ACQUIRES 1.13M SF DISTRIBUTION CENTER

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GARLAND — Westmount Realty Capital has purchased Garland Business Park, a 1.13 million-square-foot distribution and warehouse center located at 2600 McCree Road in Garland, near Dallas. The dry storage and freezer/cooler center is situated on a 66-acre, rail-served site. Westmount plans to rebrand the center as Garland Logistics Park and spend approximately $12 million in improvements during the next three years. The center is currently 70 percent leased to national and regional tenants. David Sours, Kevin Kelly and Jack Fraker of CBRE Group represented the seller in the transaction, and Sours and Kelly will be the new leasing brokers for the project.

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