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Baltisse-Ackerman Sells Fully-Leased 307,000 SF Logistics Center in Texas, Signaling Strong Industrial Real Estate Market

By FisherVista

TL;DR

Private investor from California acquires fully leased Class A distribution center, Doerr Lane Logistics Center, creating investment opportunity in Texas.

Baltisse-Ackerman Commercial Development sells 307,000-square-foot logistics center in Schertz, providing access to I-35, Loop 1604, and I-10.

Ackerman & Co. continues industrial development in Texas, contributing to economic growth and providing needed distribution and manufacturing space.

Ackerman & Co. pursues new projects in Texas, including Corporate Drive Industrial Park in Selma and TriPoint Logistics Center in Seguin, expanding commercial real estate footprint.

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Baltisse-Ackerman Sells Fully-Leased 307,000 SF Logistics Center in Texas, Signaling Strong Industrial Real Estate Market

Baltisse-Ackerman Commercial Development has successfully sold the Doerr Lane Logistics Center, a 307,000-square-foot Class A distribution facility located in Schertz, Texas, to a private investor from California. The sale of this fully-leased property underscores the robust demand for high-quality industrial real estate in strategic locations across the Texas Triangle region.

The logistics center, situated at 9870 Doerr Lane in the northeast San Antonio Metropolitan Statistical Area (MSA), offers convenient access to major transportation routes including I-35, Loop 1604, and I-10. This prime location has attracted two significant tenants: MEI Rigging & Crating, occupying 191,297 square feet, and Quality Custom Distribution, leasing 115,703 square feet.

Jeff Bryant, Principal and Senior Vice President for Ackerman & Co. in Texas, emphasized the strategic importance of the development, stating, "When we first saw this site, it stood out as a great opportunity for a new development to meet the rising demand for Class A distribution space in this important logistics corridor." Bryant also acknowledged the support provided by the City of Schertz throughout the project's development.

The sale of the Doerr Lane Logistics Center is part of a larger trend of industrial real estate development and investment in Texas. Baltisse-Ackerman Commercial Development continues to pursue Class A industrial projects across the state, with a particular focus on the Texas Triangle – the region encompassing Dallas-Fort Worth, Houston, and San Antonio-Austin.

The partnership's ongoing projects in Texas include the recently completed Corporate Drive Industrial Park in Selma, featuring two buildings totaling 511,000 square feet, and the upcoming TriPoint Logistics Center in Seguin, which will offer 1.5 million square feet of space across two buildings. These developments, along with Ackerman & Co.'s 20 East Logistics Park near Dallas, demonstrate the continued confidence in the Texas industrial real estate market.

The strong interest in industrial properties in Texas is driven by several factors, including robust population growth, economic expansion, and the state's strategic position as a major distribution hub. Bryant noted, "With the strong population and economic growth in Texas, we view the Texas Triangle as a major opportunity to pursue additional site acquisitions for developments that will provide needed distribution and manufacturing space."

This transaction and the ongoing development pipeline highlight the critical role that modern, well-located logistics facilities play in supporting the growing e-commerce sector and the broader supply chain network. As companies continue to optimize their distribution strategies, demand for Class A industrial space in key markets like Texas is expected to remain strong.

The sale of the Doerr Lane Logistics Center was facilitated by JLL's Capital Markets team, with Trent Agnew, Kyle Mueller, and Witt Westbrook representing the seller. The successful leasing of the property was handled by John Colglazier Jr. and Kyle Kennan of Partners, further demonstrating the collaborative effort required to bring such significant industrial projects to fruition.

As Baltisse-Ackerman Commercial Development and other investors continue to pursue opportunities in the Texas industrial market, the sector's growth is likely to have broader economic implications. The development of new logistics centers not only provides essential infrastructure for businesses but also creates jobs and stimulates local economies. The ongoing investment in Class A industrial properties across Texas underscores the state's position as a key player in the national and global supply chain network.

Curated from 24-7 Press Release

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