{"id":1004773782,"date":"2025-10-06T04:41:34","date_gmt":"2025-10-06T12:41:34","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004773782"},"modified":"2025-10-06T04:46:35","modified_gmt":"2025-10-06T12:46:35","slug":"westcore-expands-with-1-msf-industrial-portfolio-buy","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/westcore-expands-with-1-msf-industrial-portfolio-buy\/","title":{"rendered":"Westcore Expands With 1 MSF Industrial Portfolio Buy"},"content":{"rendered":"\n<p>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.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"alignright size-full is-resized\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/10\/Westcore-acquisition.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"620\" data-attachment-id=\"1004773791\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/westcore-expands-with-1-msf-industrial-portfolio-buy\/westcore-acquisition\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/10\/Westcore-acquisition.jpg\" data-orig-size=\"800,620\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Westcore acquisition\" data-image-description=\"&lt;p&gt;Scott Baltic received the image from Westcore via e-mail&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;The largest building in Westcore\u2019s newly acquired portfolio totals approximately 250,000 square feet and is located on W. North Carrier in Grand Prairie, Texas. Image courtesy of Westcore&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/10\/Westcore-acquisition.jpg?w=800\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/10\/Westcore-acquisition.jpg\" alt=\"The largest building in Westcore\u2019s newly acquired portfolio totals approximately 250,000 square feet and is located on W. North Carrier in Grand Prairie, Texas\" class=\"wp-image-1004773791\" style=\"width:400px\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/10\/Westcore-acquisition.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/10\/Westcore-acquisition.jpg?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/10\/Westcore-acquisition.jpg?resize=768,595 768w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/a><figcaption class=\"wp-element-caption\">The largest building in Westcore\u2019s newly acquired portfolio totals approximately 250,000 square feet and is located on W. North Carrier in Grand Prairie, Texas. <em>Image courtesy of Westcore<\/em><\/figcaption><\/figure><\/div>\n\n\n<p>The portfolio is 97 percent occupied, with two vacancies. The seller and the price were not disclosed.<\/p>\n\n\n\n<p>Although Westcore is not disclosing the specific property addresses, a company spokesperson was able to tell <em>Commercial Property Executive<\/em> 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\u2019s smallest building is 36,000 square feet and the largest is 248,736 square feet.<\/p>\n\n\n\n<p>Clear heights in the portfolio warehouses range from 18 to 24 feet.<\/p>\n\n\n\n<p>The enhancements that are planned for the portfolio reportedly include landscaping, cosmetic upgrades, various capital improvements, and curb appeal updates, according to Westcore.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity has-very-light-gray-to-cyan-bluish-gray-gradient-background has-background is-style-wide\"\/>\n\n\n\n<p><strong>READ ALSO<\/strong>: <a href=\"https:\/\/www.commercialsearch.com\/news\/industrial-report-investment-activity-holds-firm-amid-economic-uncertainty\/\">Industrial Investment Activity Holds Firm<\/a><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity has-very-light-gray-to-cyan-bluish-gray-gradient-background has-background is-style-wide\"\/>\n\n\n\n<p>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.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-westcore-s-industrial-portfolio\">Westcore\u2019s industrial portfolio <\/h2>\n\n\n\n<p>The GSW\/Garland portfolio brings Westcore\u2019s Dallas-area industrial property holdings to a total of 3.9 million square feet. The company\u2019s previous acquisitions included Railhead Business Station, <a href=\"https:\/\/www.commercialsearch.com\/news\/westcore-acquires-dfw-distribution-facility\/\">Rockwall Distribution Center<\/a> and North Quarter 35.<\/p>\n\n\n\n<p>The Dallas\u2013Fort 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.<\/p>\n\n\n\n<p>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.<\/p>\n\n\n\n<p>Just a couple of weeks ago, <a href=\"https:\/\/www.commercialsearch.com\/news\/westcore-sells-663-ksf-industrial-portfolio\/\">Westcore sold a two-building industrial portfolio<\/a> 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.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The transaction brings the company\u2019s Metroplex holdings to nearly 4 million square feet. <\/p>\n","protected":false},"author":882,"featured_media":1004773791,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1586,21748,21783,21742,51973],"tags":[33101,52018,34163],"class_list":["post-1004773782","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-dallas","category-industrial","category-investment","category-latest","category-southwest","tag-eastdil-secured","tag-partners-real-estate","tag-westcore-properties"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - 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He earned a master\u2019s in journalism from Northwestern University\u2019s Medill School of Journalism and has a bachelor\u2019s from North Park University.","url":"https:\/\/www.commercialsearch.com\/news\/author\/scott-baltic\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/10\/Westcore-acquisition.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004773782","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/882"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004773782"}],"version-history":[{"count":3,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004773782\/revisions"}],"predecessor-version":[{"id":1004773799,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004773782\/revisions\/1004773799"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004773791"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004773782"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004773782"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004773782"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}