MDH Partners acquired a Class-A nine-building portfolio of light industrial assets totaling 563,343 square feet.  The sales price was $93 million. The portfolio included two buildings located at 7220 N. Sam Houston Pkwy W. and seven buildings at 350 N. Sam Houston Pkwy W. in the Northwest Houston submarket, along Beltway 8. Georga Rowe led the acquisition for MDH. 

Located on Sam Houston Parkway, the builders were developed between 2007 and 2013. The nine buildings in the Portfolio are highly functional Class-A assets with an average suite size of 19,425 square feet. This Portfolio offers a variety of suite sizes ranging from 6,800 square feet to 65,000 square feet. The Portfolio is 94% leased to 26 tenants with a weighted average lease term of 4.47 years.  MDH has engaged Stream Realty Partners to lease the portfolio on its behalf.  

MDH is currently investing its Fund III, a $1.2 billion discretionary fund, and it currently owns or manages approximately 37 million square feet across 33 markets in 18 states.