Texas

WESLACO, TEXAS — Arlington-based investment firm Skywalker Property Partners has purchased two industrial properties totaling 176,700 square feet in the Rio Grande Valley city of Weslaco. The acquisitions include a 108,000-square-foot warehouse at 715 W. Pike Blvd. that was fully leased at the time of sale to Jefferson Electric and can support future expansion and a two-building facility at 308-320 S. Utah Ave. that is home to seven different tenants. Skywalker plans to invest about $750,000 in capital improvements to the properties. The seller and sales price were not disclosed.

LAREDO, TEXAS — Atlanta-based investment firm MDH Partners has acquired a 70,000-square-foot industrial building in the Rio Grande Valley city of Laredo. Completed in 2023, the building is located within North Laredo Industrial Park and features 27-foot clear heights, 35 overhead doors, 3,500 square feet of office space and parking for 50 cars and 73 trailers. Alfonso Jasso with Forum CRE represented the undisclosed seller in the transaction. The building was fully leased at the time of sale.

GARLAND, TEXAS — Illinois-based Industrial Outdoor Ventures (IOV) has purchased a 2.2-acre industrial outdoor storage (IOS) facility in Garland, a northeastern suburb of Dallas. The property at 2130 Hightower Drive houses a 7,368-square-foot building with eight drive-in doors. Caleb McCoy and Paul Davis of JLL represented the undisclosed seller in the transaction and are marketing the facility for lease.