October 13, 2020
Dalfen Industrial closed on five last-mile industrial buildings in major Texas markets: the three-building, 1,025,500-square-foot Mark IV Commerce Center in Fort Worth and the two-building, 211,950-square-foot Tri-County 5 & 7 in San Antonio.
Built in 2020, Mark IV Commerce Center is a newly constructed industrial park at the intersection of I-35 and I-820. AER Manufacturing has leased 80,660 square feet of one building, and Dalfen expects to lease up the remainder of the buildings in the next few months.
Built in 2016, Tri-County 5 & 7 are located off of I-35 in Schertz between the San Antonio and Austin MSAs, providing the opportunity to service 3.5 million people. Tri-County 7 is 100% leased, while Tri-County 5 is 49.6% leased.
“Best-in-class properties in exceptional infill locations make these acquisitions a natural fit for our rapidly growing portfolio,” said Sean Dalfen, president & CIO at Dalfen Industrial.
Pictured: Mark IV Commerce Center.
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