Industrial Property Trust Acquires NW Houston Industrial Bldg. in Sale Leaseback
T&L Distributing completed a sale-leaseback with Denver-based REIT Industrial Property Trust (IPT) that will keep the Houston-based flooring distributor’s operations within the Rampart Corporate Center.
T&L Distributing fully occupies the 133,480-square-foot facility at 7350 Langfield Rd., a two-story complex that delivered in 2012 just north of US-290 in the Northwest Near Industrial submarket. The facility features 34 loading docks, 30-foot clear…