8/26/2008

RREEF sells 1.34M sf industrial portfolio

by Eric Ramsden
ML Realty Partners, LLC, has acquired a 1.34-million-square-foot industrial portfolio in the Dallas/Fort Worth, Texas-area from RREEF, the global investment management business of Deutsche Bank's Asset Management division.

The deal was brokered on behalf of RREEF by Cary Krier, Jack Crews and Seth Barne of Jones Lang LaSalle Americas, Inc. The acquisition is comprised of eight Class A distribution buildings in the Dallas/Fort Worth suburbs of Centreport and Valwood.

ML Realty Partners invests in industrial and office real estate and specializes in the Chicago and Texas real estate markets.

Size: 1.34 million square feet

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Filed Under: Industrial

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