NorthPoint Development LLC nabbed the site located at US 90 and Uvalde Road where it plans to develop a 2.5 million-square-foot master-planned industrial park called NorthPoint 90 Logistics Center.
A 341,252-square-foot 14-building industrial portfolio at 2700 Greens Rd. was recently sold by Aero Greensmor LP to an undisclosed buyer for an undisclosed price.
The fund has a target of raising $50 million in equity and will target single-tenant net lease assets.
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