Richardson Light Industrial Portfolio
Richardson Light Industrial Portfolio
Richardson Light Industrial Portfolio | 102,944 SF | 90% Leased | 4 Buildings | Near-Term Upside | Attractive Seller Financing Available
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- Property Type
- Industrial
- Deal Type
- Acquisition
- Risk Profile
- Core Plus
Cushman & Wakefield’s National Industrial Advisory Group has been retained by ownership as its exclusive advisor in the sale of the Richardson Light Industrial Portfolio (the “Portfolio”), a four building portfolio totaling 102,944 square feet located in Dallas-Fort Worth, TX. The Portfolio is located just east of U.S. 75, in between two prominent DFW east / west thoroughfares, President George Bush Turnpike and Interstate 635. At 90% leased and featuring a 2.0 year WALT, the portfolio provides stable cash flow while featuring upside via immediate lease up of two vacancies totaling 10,477 square feet and mark-to-market opportunities due to staggered tenant rollover. The Seller is offering attractive seller financing which will be accretive in today’s financing environment. The Portfolio is being offered on an individual asset basis, group or as a single portfolio transaction.
Files | Updated | Download |
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Richardson Light Industrial Portfolio_B2_Offering Summary.pdf |