REOC San Antonio
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Kim_Gatley
Kim Gatley
S
enior Vice President & Director of Research at REOC San Antonio

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Logistics Commerce Center acquired by GID Industrial

Dallas-based GID Industrial, part of GID Real Estate Investments, recently acquired Logistics Commerce Center, a 400,400-square-foot industrial property near the intersection of I-35 and Loop 410.

The seller was an affiliate of Houston-based Davis Commercial Development LLC.

Built in 2019, the property includes two buildings, one with 260,000 square feet and the other with 140,400 square feet. It is leased to four tenants, including CHEP, Home Depot, Pallet Logistics and PackRack.

While the price was undisclosed, the property holds an assessed value of $26.3 million, according to the Bexar County Appraisal District.

Click to read full article Dallas firm acquires huge San Antonio industrial property (San Antonio Business Journal, 11-11-21)

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