Westmount snags two industrial sites in FW and PlanoWestmount snags two industrial sites in FW and Planohttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=97822012-08-31T13:25:00Z2012-08-31T00:00:00Z

FORT WORTH, PLANO - Westmount Realty Capital LLC joined forces with Eastlake Partners LLC to acquire two industrial/distribution properties on different sides of the Metroplex.

The 45,805-sf Krona Business Park in Plano is located at 625 Krona Dr. and was built in 1986. The office/warehouse property had a historical occupancy level of 100 percent since 2008.

The 96,400-sf, two-building asset in Fort Worth is located at 1401-1424 Northpark Dr. Constructed in 1978, the asset is 35 percent leased to four tenants.

Unlike the Plano property, the Northpark property was acquired at a steep discount to replacement cost.

Read more at GlobeSt.com.

Dallas-Fort Worth-Arlington
http://www.globest.com/news/12_425/dallas/acquisitions_dispositions/westmount-snags-two-industrial-properties-324658.htmlRead more at {Source}

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