The Small Space Marketplace

List Your Space

Find Space

Home About Us Executive Subscriber Membership RENTV Conferences Newsletter Contact Us Advertise
June 22, 2024
 Search RENTV
   Go!
 The REview
 News
News Home Page
Southern California
Northern California
Pacific Northwest
Texas/Southwest
Retail
Multifamily
Financing
Prop. Management
Archives
Press Releases
 R. E. Marketplace
Service Providers
JobWorks
Property Spotlight
 RENTV  Conferences
Subscriber Login:
  
Email      
    Go!
Password      
Forgot Password?



ETC... ETC...
Printer-friendly Version   Email an Associate
Birtcher Anderson & Davis LLC and Belay Investment Group Buys TX Industrial Portfolio

12/09/20

A venture between San Juan Capistrano-based Birtcher Anderson & Davis LLC and Belay Investment Group recently closed on a $47.5 mil purchase of eight industrial properties in the greater Dallas/Fort Worth area. The portfolio includes 18 buildings totaling 609.6k sf ($78/sf) of space, leased to 82 tenants.

The buyers’ business plan for the acquisition includes capital upgrades and an aggressive leasing program to address some current vacancy as well as to capture rising rental rates as a significant number of leases expire during the next thirty months.

“The DFW Portfolio fits within our value-add industrial strategy which targets attractive risk-adjusted returns, which are hard to find in the current market, especially in the hyper-competitive industrial sector,” noted Eliza Bailey, Managing Principal, Belay Investment Group.

The seller, Fort Worth-based Fort Capital, was represented by JLL.





Return to the Archive page
 
 


 
 
 



Home | About Us | Newsletter | Contact Us | Executive Subscriber Membership | Executive Subscriber Home | Advertise
Southern California | Northern California | Pacific Northwest | Southwest | Retail | Multifamily | Financing | Property Management
Archives | Press Releases | Service Providers | JobWorks | Property Listings

Copyright © 2024 by RENTV, All Rights Reserved
Website designed by Regency Web Services, Inc. and powered by Lightning Media