EL PASO, Texas – IndCor Properties purchased the 10/375 Industrial Portfolio, totaling 1,095,407 square feet in El Paso, Texas.
The portfolio includes seven Class A bulk distribution buildings that are 83% occupied. Tenants include ProTrans International, Inc., Electrical Components International, and Handgards, Inc.
All buildings were constructed between 1994 and 1996, and feature 24-foot to 30-foot minimum clear height; 120-foot to 140-foot truck courts; immediate access to Interstate Highway 10 and Loop 375; and a five-mile drive to the Zaragoza International Bridge to access Ciudad Juarez, Mexico.
CBRE, which announced the sale, retains the leasing and property management assignments for the assets.