RealTerm Picks Up Two Final-Mile Warehouses Near Fort Worth
The two newly constructed warehouses, both 219,000 square feet, are fully leased. Sitting on a combined 109 acres, the structures are close to major transportation thoroughfares.
With both just minutes away from I-35W, RealTerm’s Joe Noon believes the two fit nicely into their future plans, “These properties have a unique combination of loading positions, excess parking, and office space which are all valuable for distribution tenants. They are excellent additions to our portfolio in submarkets with low vacancy rates and proximity to major transportation thoroughfares.”
RealTerm currently oversees $10 billion in assets through five transportation logistics-oriented private equity fund series.
Mike covers our Texas and Phoenix/Southwest regions. He is a veteran news reporter who spent 10 years in radio and television news, mostly in Tucson, Arizona. Following his career in the media, he spent ten years as a communications executive for a publicly traded development company. Mike is married with three boys and three Huskies.