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Houston included in USAA $311M sale to DukeHouston included in USAA $311M sale to Dukehttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=69932013-06-24T12:18:00Z2013-06-24T00:00:00Z

HOUSTON - USAA Real Estate Co. has completed the sale of a 4.86 million-sf portfolio to Duke Realty. The eight-building industrial portfolio includes one in Houston. The entire portfolio is valued at $311 million.

The Houston property is located at 13001 Bay Area Blvd., a 598,000-sf distribution center built in 2007.

The buildings were all constructed between 2001 and 2008 and are located in Houston, Pennsylvania, California, Missouri and Kansas. The portfolio is 100 percent leased to ten tenants with stable net operating income.

USAA Real Estate is a subsidiary of San Antonio-based USAA, which provides insurance and financial services to 9.6 million current and former members of the U.S. military and their families.

San Antonio Business Journal
Houston-The Woodlands-Sugar Land
Industrial
http://www.bizjournals.com/sanantonio/blog/morning-edition/2013/06/usaa-sells-portfolio-of-industrial.htmlRead more at {Source}

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