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1 Million SF Portfolio Sold in Houston

by Realty News ReportAugust 28, 2012
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HOUSTON– Mayfield Properties purchased a 1 million-sf industrial portfolio in Houston. The seller was DCT Industrial Trust Inc.

The  13-property portfolio is 98 percent occupied by 46 tenants. The properties are:

  •  Corporate IV      12603, 12613 Executive; 79,252 sf; Stafford
  • Julie Rivers at 505, 525 Julie Rivers Rd. and 12505      Reed Rd.; 219,703 sf; Sugar Land
  • Greenbriar at 4000 Greenbriar; 229,200 sf; Houston
  • Silber at 1240-1270 Silber; 170,880 sf; Houston
  • Wynnwood Park at 7215 Wynnwood and 7240 Wynnpark;      107,406 sf; Houston
  • Willowbrook at 8270 and 8280 Willow Place North,      13161-13175 Misty Willow Dr., and 9305-9323 Millsview Rd; 198,790 sf;      Houston

The HFF investment sales team representing the seller was led by senior managing director Rusty Tamlyn and associate director Trent Agnew. “DCT made a strategic decision to sell some of their non-core product, and will focus on development and acquisition of newer Class A product in Houston and other major markets they currently own product in,” said Tamlyn.

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