HFF announces $148 million sale of 20-building light industrial portfolio in Dallas, Houston and Charlotte

Light Industrial, Dallas, TX

DALLAS, TX –– HFF announces the $148 million sale of a 20-building, Class A, light industrial portfolio totaling 1.25 million square feet in Dallas and Houston, Texas, and Charlotte, North Carolina.

Light Industrial, Houston, TX

The HFF team marketed the property on behalf of the seller, Adler Real Estate Partners.  Exeter Property Group purchased the portfolio.

The portfolio comprises Cardinal Park in Dallas; three properties in Houston, Bammel Business Park, Business Center at Park 10 and Legacy Park; and Shopton Ridge in Charlotte.  All five properties are situated in highly desirable, infill submarkets with strong tenant demand.

Light Industrial, Charlotte, NC

The HFF investment advisory team representing the seller included managing director Adam Herrin and director Stephen Bailey along with senior managing directors Rusty Tamlyn and Chris Norvell, managing director Trent Agnew and director Patrick Nally.

Holliday GP Corp. ("HFF") is a Texas licensed real estate broker.

Holliday GP Corp. ("HFF") is a North Carolina licensed real estate broker.

CONTACTS:

ADAM HERRIN

TX Lic. #0551645

HFF Managing Director

(214) 265-0880

aherrin@hfflp.com

STEPHEN BAILEY

TX Lic. #648685

HFF Director

(214) 265-0880

sbailey@hfflp.com

RUSTY TAMLYN, CCIM, SIOR

TX Lic. #0225187

HFF Senior Managing Director

(713) 852-3500

rtamlyn@hfflp.com

CHRISTOPHER NORVELL, SIOR

NC Lic. #240226

HFF Senior Managing Director

(704) 526-2800

cnorvell@hfflp.com

TRENT AGNEW, SIOR

TX Lic. #574897

HFF Managing Director

(713) 852-3500

tagnew@hfflp.com

KIMBERLY STEELE

HFF Digital Content/Public Relations Specialist

(713) 852-3420

ksteele@hfflp.com

https://adler-partners.com.

http://exeterpg.com.