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754,554-SF portfolio sells near DFW Airport 754,554-SF portfolio sells near DFW Airport https://www.recenter.tamu.edu/news/newstalk-texas/?Item=65432013-08-21T14:14:00Z2013-08-21T00:00:00Z

DALLAS-FORT WORTH - Two Class A industrial facilities totaling 754,554 sf have been sold near the DFW International Airport. The buildings include Northlake Industrial Center, near I-35W and SH 114, and Towne Lake Business Park II, which is south of the airport.

The properties, both built in 2008, are 100 percent leased to Exel, CEVA Logistics and Falken Tire Corp.

Boston-based Cabot Properties purchased the property from California-based Panattoni Development Co.

Cabot Properties has $5.2 billion in industrial real estate, with more than 125 million sf throughout North America and the United Kingdom.

Dallas Business Journal
Dallas-Fort Worth-Arlington
Industrial
http://www.bizjournals.com/dallas/news/2013/08/20/cabot-properties-buys-large-dfw.htmlRead more at {Source}

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