Stream Realty Partners has successfully closed on the recapitalization of a portfolio comprising seven Class A industrial assets located across Texas.
Developed in partnership with a foreign investor between 2021 and 2024, the portfolio totals 4.4 million square feet of modern industrial space. The properties are situated in high-growth submarkets across Dallas, Austin, and San Antonio. Designed to serve a wide range of industrial users, the buildings feature flexible configurations, ranging from as small as 25,000 square feet in shallow bay formats to as large as one million square feet for bulk distribution.
As part of the recapitalization agreement, the foreign investor has acquired a 35% ownership interest in the portfolio, while Stream Realty retains a 65% stake.
Evercore acted as exclusive financial advisor to Stream Realty Partners, and Winston & Strawn served as its legal counsel.
