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Dalfen America Acquires Austin Infill Portfolio to Expand into Austin Market
Wednesday 13 June 2018

13 June 2018 - Dallas, Texas, US-based property acquisition company Dalfen America Corp. has acquired Austin, Texas-based Austin Infill Portfolio, consisting of seven in-fill last mile light industrial properties totaling 459,585 square feet, and is currently 98% leased, the company said.

Terms of the transaction were not disclosed.

Dalfen said the properties are situated near major highways making them ideal fulfilment locations.
This acquisition falls into the company's strategy of buying last mile properties in key metro locations and Austin's continued economic growth shows a growing demand for that type of space.

Dalfen America Corp. is one of the nation's largest buyers of industrial real estate and is in the last-mile property sector with a particular investment focus on strategically located urban infill warehouses and distribution buildings.

The company currently owns and operates millions of square feet of premier industrial properties throughout North America with offices in Montreal, Canada, Orlando, Dallas, Cincinnati and Atlanta.
Details
Date Published: 13/06/2018
Target: Austin Infill Portfolio
Country: USA
Sector: Construction/Real Estate
Type: LBO
Financing:
Status: Closed
Vendor:
Buyer: Dalfen America Corp
Comment:
Terms of the deal were not disclosed

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