Cobalt Capital Sells 1.4M-SF Dallas Industrial Portfolio

Law360, New York (July 30, 2013, 3:40 PM EDT) -- An affiliate of Cobalt Industrial REIT has sold a 14-building, 1.4 million-square-foot industrial property portfolio in Dallas to a Greenfield Partners investment fund, commercial real estate firm Holliday Fenoglio Fowler LP announced Monday.

The portfolio includes buildings purchased by HFF between 2003 and 2007 and is 96 percent leased to 28 industrial tenants, whose leases won't run out for at least six years, according to the HFF, which represented the seller in the deal.

“This portfolio of assets was well leased to a group of financially...
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