Final-mile warehouse operator Link Logistics announced the acquisition of four terminals in the metropolitan areas of Dallas, Fort Worth, Texas, and Atlanta. The purchase of the Gateway Infill Growth Portfolio from Oxford Properties Group adds 697,276 square feet in two markets where it already has a large presence.
“Our acquisition strategy is focused on expanding Link Logistics’ portfolio in infill-focused locations that are supported by strong long-term demand drivers,” said Andrew Goodman, senior managing director of investments at Link Logistics. “This portfolio reflects our continued conviction in Dallas-Fort Worth and Atlanta and adds well-located distribution assets in markets where we have achieved meaningful scale.”
Locations in Irving and Grand Prairie, Texas, represent nearly 400,000 square feet of the acquired portfolio. A location in Suwanee, Georgia, has 249,000 square feet of space. The deal also included a smaller site in Farmers Branch, Texas…