Industrial

DALLAS, HOUSTON AND SAN ANTONIO — CBRE Capital Markets has arranged a $52.2 million refinancing loan for a portfolio of nine industrial properties in Dallas, Houston, San Antonio and Atlanta. The assets comprise 20 multi-tenant buildings totaling nearly 2 million square feet, including 19 buildings and 1.5 million square feet in Texas. The Texas properties are located in the Northwest Dallas, South Stemmons (Dallas), Northwest Houston and North Central San Antonio submarkets. The portfolio was 90 percent leased to a total of 62 tenants at the time of the sale. The five-year, floating-rate loan includes interest-only payments for the entire term. CBRE arranged the loan through J.P. Morgan on behalf of a joint venture between Sealy & Co. and AEW Capital Management.

ARLINGTON, TEXAS — Bradford Commercial has brokered the sale of a 36,006-square-foot flex property in the Great Southwest industrial district of Arlington. Constructed in 1965, the building is located at 925 111th St., in close proximity to Interstate 30. Features of the asset include 16-foot clear heights, heavy power, three dock-high doors and two dock doors with levelers. Joe Santaularia, Kevin Santaularia and Michael Spain of Bradford represented the seller, Tennessee-based Dominion Enterprises. Michael Stanzel of NAI Robert Lynn represented the buyer, locally based Duralite Natural Stone LLC, which will occupy the facility within two months.

SCHERTZ, TEXAS — Stream Realty Partners has arranged the renewal of a 160,000-square-foot industrial lease at Tri-County Distribution Center in the northeast San Antonio suburb of Schertz. The tenant, Hollingsworth Logistics Group, occupies space in Building One of the Class A complex, which is located at 5925 Tri-County Parkway. Features at the building include 28-foot clear heights, recent exterior upgrades and proximity to Interstate 35. Jason Schnittger of Stream represented the landlord, CLPF – Tri County 1 LP, while Charlie Hargis of Endura Advisory Group represented Hollingsworth.