Long View Equity recently acquired a three-building warehouse portfolio leased to Shearer Supply, a distributor of residential and commercial HVAC equipment. The purchase price was undisclosed. The buildings total more than 120,000 square feet and are located within the distribution markets of Fort Worth, Lubbock and Oklahoma City.

The transaction is the fifth for the company’s recently launched fund, Long View Equity Partners IV.  Building on the success of its prior funds, with Fund IV, the company seeks to construct a diversified portfolio of industrial, office and retail properties located predominately in major metro markets in Texas.

“Long View is pleased to acquire this off-market portfolio of industrial assets in three markets poised for long-term growth,” says Daniel Campbell, managing director. “Our new tenant, Shearer Supply, is a family-owned business that has been operating for over 35 years and we are excited to begin our relationship together.”