Lexington Realty Trust has purchased a two-property, 449,895 SF industrial portfolio from Spitzer Industries/Stephens Group.

 

 

Houston, TX:  (SALE/LEASEBACK) An affiliate of Lexington Realty Trust has purchased a two-property, 449,895 SF industrial portfolio from Spitzer Industries/Stephens Group.  The portfolio consists of 6 buildings totaling 187,800 SF at 13863 Industrial Road and a 262,745 SF building at 7007 FM 362 in Brookshire, Texas.  Lexington has leased the properties back to Spitzer.  HFF represented the seller.