Dalfen America Corp. Acquires Houston Properties
Dalfen America Corp. announced last week the acquisition of a portfolio of two warehouses and one office building, totaling 201,000 square feet in Houston, Texas.
The three building, 100-percent leased portfolio is located two miles from Union Pacific’s Englewood and Settagast intermodal terminals, with quick access to I-10, and I-620. The property is also located 15 minutes from downtown Houston and 30 minutes from George Bush Intercontinental Airport.
“Over the last two months, we have acquired nine buildings totaling close to one million square feet of industrial property in Texas,” said President and Chief Investment Officer, Sean Dalfen. “Both people and businesses continue to flock to Texas in droves. Even with the decline in the energy sector, we believe that the state’s economy is sufficiently diverse and will remain one of the nation’s top performing markets for the foreseeable future.”
Dalfen America Corporation is an industrial real-estate investment manager and operator focused on acquiring, developing, and operating industrial real estate throughout the United States. DAC currently owns and manages millions of square feet of commercial properties in the U.S. and Canada.
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