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Triten Buys Fully-Leased Warehouse Portfolio
Triten Real Estate Partners has acquired Central Texas Logistics Center, a seven-building, 485,885-square-foot industrial portfolio in San Marcos, Texas. Peak Rock Capital was the seller.
The industrial park, delivered between 2008 and 2022, has an average suite size of 27,595 square feet. Commercial Edge reports it is 100 percent leased to 15 national and regional tenants, including Lowe’s Pro Supply, Builders Alliance, Goodman and West Shore Home.
Central Texas Logistics Center is at 1551 and 1600 Clovis R. Barker Road, within the Texas Innovation Corridor. The 46-acre portfolio is roughly 36 miles southwest of downtown Austin and some 47 miles northeast of downtown San Antonio, as well as about 2 miles from Interstate 35.
Since 2021, Triten has acquired or developed nearly 50 supply chain properties encompassing about 500 acres, with an aggregated market value of more than $450 million. Additionally, the firm purchased and built north of 3 million square feet of traditional industrial space.
- ◦Sale/Acquisition