Mar 7, 2017
Over 500K SF sold: Market Street, Westchase, Plaza Del Oro
HOUSTON – The Roxborough Group and Triten Real Estate Partners LLC have partnered to purchase a 526,733-sf light industrial portfolio.The three-property portfolio includes:Market Street Distribution Center, a 355,404-sf industrial building located at 8000 Market...
HOUSTON – The Roxborough Group and Triten Real Estate Partners LLC have partnered to purchase a 526,733-sf light industrial portfolio.
The three-property portfolio includes:
- Market Street Distribution Center, a 355,404-sf industrial building located at 8000 Market St.;
- Westchase Business Center, a 79,011-sf industrial building located at 3700-3798 Westchase Dr.; and
- Plaza Del Oro, a 92,338-sf flex asset located on the corner of El Rio St. and South Loop Fwy. West;
Currently 97 percent leased, the portfolio is home to a multitude of tenants including CFC, Buffers USA, Smart Rags Recycler, W&O Supply, MirrorImage, DaVita Kidney Care and Lonza Houston.
The acquiring venture plans to carry out a value-add initiative that will target interior and exterior renovations.
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