DALLAS-Irving, TX-based Cobalt Capital Partners LP sold its 14-building, 1.4-million-square-foot industrial portfolio. The portfolio, which includes facilities located throughout the MSA, was 96% occupied at the time of sale.
HFF’s Randy Baird, Jud Clements and Robby Rieke represented Cobalt in the transaction.
“This portfolio of assets was well-leased to a group of financially strong tenants, which made it attractive to market the buildings for sale,” says Lewis D. Friedland, Cobalt’s managing partner. “Our asset management and property management teams did a great job of creating value through leasing activity and tenant retention, which maximized the value for our investors.”
Cobalt Sells 1M-SF Portfolio
DALLAS-The Irving, TX-based property owner disposes of its 14-building portfolio, which it had acquired between 2003 and 2007.
ASTM's updated E2557-16a now recommends the inclusion of Appendix X5. What is the purpose of this appendix, and what do you need to know about it?
MIAMI—South Florida's industrial developers are building bigger and better facilities to accommodate a thriving logistics market, a new wave of e-commerce giants looking for large chunks of warehouse space.
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