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Texas  + State of Texas  + Industrial  | 
Industrial

Stream Closes on Recap for 7 Texas Industrial Properties

Stream Realty Partners closed on the recapitalization of a portfolio of seven Class A industrial assets in Texas. 

The industrial parks were developed by Stream and a foreign investor from 2021 to 2024 and comprise 4.4 million square feet of Class A industrial space catering to a variety of modern industrial users. The buildings offer flexible footprints from 25,000 square feet of shallow bay to one million square feet of bulk distribution space. The assets are located in high-growth submarkets of Dallas, Austin, and San Antonio.

Under the terms of the transaction, the investor acquired a 35% ownership interest, while Stream retains a 65% ownership interest.

Evercore served as the exclusive financial advisor, and Winston & Strawn served as legal advisor to Stream.

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About Mike Boyd

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.

  • ◦Financing