Westcore Expands With 1 MSF Industrial Portfolio Buy

October 6, 2025

Investment Dallas Industrial News More Southwest

The transaction brings the company’s Metroplex holdings to nearly 4 million square feet.

Westcore has acquired a 1.1 million-square-foot, 12-building portfolio of Class B, infill industrial properties in the metro Dallas submarkets of Great Southwest and Garland, Texas. The portfolio comprises five properties in Grand Prairie, three in Arlington and four in Dallas.

The largest building in Westcore’s newly acquired portfolio totals approximately 250,000 square feet and is located on W. North Carrier in Grand Prairie, Texas. *Image courtesy of Westcore*

The portfolio is 97 percent occupied, with two vacancies. The seller and the price were not disclosed.

Although Westcore is not disclosing the specific property addresses, a company spokesperson was able to tell Commercial Property Executive that the four buildings in Garland total 237,126 square feet and the eight buildings in the Greater Southwest submarket total 844,931 square feet. The portfolio’s smallest building is 36,000 square feet and the largest is 248,736 square feet.

Clear heights in the portfolio warehouses range from 18 to 24 feet.

The enhancements that are planned for the portfolio reportedly include landscaping, cosmetic upgrades, various capital improvements, and curb appeal updates, according to Westcore.

Managing Director Josh McArtor, Director Caitlin Clinton and Vice President Katie Bostic from Eastdil Secured represented the undisclosed seller; Westcore represented itself in the transaction.

Westcore’s industrial portfolio

The GSW/Garland portfolio brings Westcore’s Dallas-area industrial property holdings to a total of 3.9 million square feet. The company’s previous acquisitions included Railhead Business Station, Rockwall Distribution Center and North Quarter 35.

The Dallas–Fort Worth industrial market improved in the second quarter, with lower overall vacancy (down by 10 basis points, to 9.1 percent), higher rental rates and increased leasing demand, according to a report from Partners Real Estate.

The industrial construction pipeline increased by 6.4 million square feet over the quarter, to 35 million square feet, with deliveries totaling 6.8 million square feet. Net absorption in the second quarter reached 6.8 million square feet, most of which was in the warehouse/distribution sector. And over the past year, investment sales have totaled $1.5 billion, also according to Partners.

Just a couple of weeks ago, Westcore sold a two-building industrial portfolio totaling 663,416 square feet in the Salt Lake City and Denver metro areas. A partnership of Hyde Development and Mortenson Properties was the buyer, paying $48.2 million for the Denver asset, and an undisclosed amount for the Salt Lake City property.