The purchase gives Lake Washington Partners over 1.6 million square feet of industrial space in the Dallas area, where Lott said the company is looking at two additional development projects.
Bellevue, WA-based Lake Washington Partners has staked a claim in one of the nation's top commercial real estate markets.
"The fundamentals of the Texas market are strong, with its low vacancy and strong support of the business community," Lott said. Lake Washington Partners owns three industrial assets in the Puget Sound region, according to its website, but doesn't anticipate growing that portfolio.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Dallas Baptist names Stephen Mansfield as dean for its college of business - Dallas Business JournalMansfield served as president and CEO of Methodist Health System in Dallas from 2006 to 2019. During his tenure, the $2 billion nonprofit tripled in size and was listed as one of the fastest-growing health care companies in the country.
Consulte Mais informação »
Dallas Baptist names Stephen Mansfield as dean for its college of business - Dallas Business JournalMansfield served as president and CEO of Methodist Health System in Dallas from 2006 to 2019. During his tenure, the $2 billion nonprofit tripled in size and was listed as one of the fastest-growing health care companies in the country.
Consulte Mais informação »
Dallas energy firm EnLink Midstream names new CFO, COO - Dallas Business JournalEnLink Midstream, LLC has promoted Benjamin Lamb to CFO and Walter Pinto to COO. Lamb is succeeding Pablo Mercado in the role.
Consulte Mais informação »
Perot Foundation gives Dallas' United Way the biggest donation ever receivedFor United Way of Metropolitan Dallas, Christmas came early, thanks to the generosity of the Perot Foundation.
Consulte Mais informação »
Must Read: Cuyana Partners With Meghan Markle on Charity Initiative, Shannon Abloh Gives Her First InterviewPlus, Benefit Cosmetics launches initiative to benefit Planned Parenthood.
Consulte Mais informação »
United Way Dallas Gets Historic $15 Million Gift From Perot FoundationThe donation on Giving Tuesday is the largest single gift in in nonprofit’s 98 years
Consulte Mais informação »