Dec 18, 2017
Four-property, 16-building industrial portfolio sold in Houston
HOUSTON – Dallas-based ATCAP Fund I bought a four-property, 16-building Houston industrial portfolio totaling 936,608 sf from Stockbridge Capital Group.The portfolio included the Astro Business Park on Knight Rd, the...
HOUSTON – Dallas-based ATCAP Fund I bought a four-property, 16-building Houston industrial portfolio totaling 936,608 sf from Stockbridge Capital Group.
The portfolio included the Astro Business Park on Knight Rd, the McCarty Business Park, two buildings on Griggs Rd. and four buildings on Westpark Dr.
The portfolio comprises:
- the 206,483-sf Astro Business Park at 8825-9087 Knight Rd.;
- two buildings totaling 225,475 sf at 5990-6018 Griggs Rd.;
- the 298,081-sf McCarty Business Park at 245-309 McCarty St.; and,
- four buildings totaling 206,569 sf at 8710-8798 Westpark Dr.
The portfolio is 95 percent leased.
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