GID, the US-based alternative investment management firm with $29 billion in assets under management[1, has announced the acquisition of Beltway Northwest, a 299,000 sq ft industrial portfolio with frontage on Loop 8 in the Northwest submarket of Houston, Texas.<\/p>\n
Built in 2007, this five-building property is equipped with 62 dock high doors and 18 drive-in doors, with clear heights between 17\u2019-24\u2019. It is fully leased to 17 tenants, nine of which have an international presence and five with a national presence.<\/p>\n
GID Industrial will work to maintain institutional standards alongside its property manager, Stream Realty, and keep the project fully leased with its selected broker, Transwestern.<\/p>\n