Curated News
By: NewsRamp Editorial Staff
January 08, 2025

Ackerman & Co. Sells Doerr Lane Logistics Center in Texas to Private Investor

TLDR

  • Private investor from California acquires fully leased Class A distribution center, Doerr Lane Logistics Center, creating investment opportunity in Texas.
  • Baltisse-Ackerman Commercial Development sells 307,000-square-foot logistics center in Schertz, providing access to I-35, Loop 1604, and I-10.
  • Ackerman & Co. continues industrial development in Texas, contributing to economic growth and providing needed distribution and manufacturing space.
  • Ackerman & Co. pursues new projects in Texas, including Corporate Drive Industrial Park in Selma and TriPoint Logistics Center in Seguin, expanding commercial real estate footprint.

Impact - Why it Matters

This news highlights the ongoing investment and development activities of Ackerman & Co. in the industrial real estate sector, particularly in the fast-growing Texas Triangle region. The sale of the logistics center reflects the strong demand for Class A distribution space in key logistics corridors, showcasing the continued growth and expansion of the commercial real estate market in Texas.

Summary

Baltisse-Ackerman Commercial Development has sold the Doerr Lane Logistics Center, a 307,000-square-foot distribution center in Schertz, Texas, to a private investor from California. The property is fully leased and strategically located for convenient access to major transportation routes. Ackerman & Co. is actively pursuing industrial acquisitions and development opportunities across the U.S., with a focus on the Southeast U.S. and Texas.

Source Statement

This curated news summary relied on this press release disributed by 24-7 Press Release. Read the source press release here, Ackerman & Co. Sells Doerr Lane Logistics Center in Texas to Private Investor

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