Baltisse-Ackerman Sells Fully Leased 307,000 SF Logistics Center in Texas

Baltisse-Ackerman Commercial Development has completed the sale of the Doerr Lane Logistics Center, a 307,000-square-foot Class A distribution facility located in Schertz, Texas, part of the San Antonio metropolitan area. The property, which is fully leased, was acquired by a private investor from California, underscoring the attractiveness of Texas industrial real estate to out-of-state buyers.

The transaction, facilitated by JLL's Trent Agnew, Kyle Mueller, and Witt Westbrook, represents a significant move in the industrial real estate sector. The logistics center, situated at 9870 Doerr Lane, offers strategic access to major highways including I-35, Loop 1604, and I-10, enhancing its value as a distribution hub.

Jeff Bryant, Principal and Senior Vice President for Ackerman & Co. in Texas, highlighted the property's development as a response to increasing demand for Class A distribution space in the area. The facility is currently occupied by MEI Rigging & Crating and Quality Custom Distribution, with leases secured by Partners real estate firm.

This sale is part of Baltisse-Ackerman's broader strategy to invest in and develop Class A industrial properties across Texas. The partnership is actively pursuing projects in the Texas Triangle, a region experiencing rapid economic and population growth. Their portfolio includes recently completed and ongoing developments totaling over 3 million square feet of Class A space in various Texas markets.

The transaction reflects the robust industrial real estate market in Texas, driven by population growth, economic expansion, and the increasing need for modern distribution facilities. It also indicates a continued interest from investors in high-quality logistics assets, particularly those in strategic locations with strong tenant profiles.

As e-commerce and supply chain dynamics continue to evolve, the demand for state-of-the-art distribution centers is likely to persist, potentially leading to further development and investment opportunities in Texas and similar high-growth markets across the United States.