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CanTex Capital Acquires 18,535 SF Industrial Building in New Braunfels

DealsMarkets

Dallas-based investment firm CanTex Capital has completed the acquisition of an 18,535-square-foot industrial building in New Braunfels, Texas. The property, situated at 7570 I-35, was constructed in 2023 and operates as a single-tenant facility. This industrial asset is notable for its capacity to support industrial outdoor storage operations, a feature that enhances its utility for various industrial users. New Braunfels is identified as a northeastern suburb of San Antonio, indicating its strategic location within a larger metropolitan area. Patrick Cromwell of Savills represented CanTex Capital in this transaction. The seller and the specific financial terms of the sale were not disclosed in the report. This acquisition reflects continued investment interest in industrial properties within the Texas market, particularly in rapidly developing suburban areas. For developers and investors, such deals highlight the demand for modern industrial spaces, especially those with flexible use cases like outdoor storage.

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acquisitioncantex-capitalindustrial-buildingindustrial-outdoor-storagenew-braunfelssavills

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