The sale represents one of this year's largest acquisitions ofan industrial/distribution facility in the Dallas-Fort Worth area,says Mark A. DeMattia, acquisitions director for KeystoneStrategies, the seller. It also is Keystone's largest 100% feesimple holding in its Dallas portfolio, DeMattia told GlobeSt.com.The partnership's identity and bottom-line purchase price are beingkept confidential, but the deal carries a $29 million loanfinancing from Orix Real Estate Capital. "In terms of a warehousebuilding, it's a trophy," he says of the high-tech structure thatDallas-based Keystone acquired two years ago upon completion byVantage Co. for Blockbuster.

DeMattia says Blockbuster will continue to operate its worldwidedistribution for more than 5,000 retail outlets from the site underterms of a 15-year, triple net lease with the new owner. Thestructure, built to withstand an F5 tornado, also houses the videobusiness' data center that collates gross receipts for all of itsretail locations. The property is located north of Dallas near thenortheast corner of US Highways 75 and 380.

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