Strong Tenant Demand Underpins Exeter’s $148 Million Industrial Portfolio Purchase
Shopton Ridge in Charlotte.A 20-building, 1.25 million-square-foot light industrial portfolio spanning two major Texas markets — Dallas and Houston — as well as Charlotte, North Carolina, has traded hands to a growing Pennsylvania-based real estate investment group.
The $148 million purchase by Philadelphia-based Exeter Property Group is a sign of investors’ continued hunger for well-located industrial properties across the country.
The real…