September 2, 2026 – The Belt Line Portfolio is a 181,609sf infill industrial portfolio situated in the Irving submarket of Dallas, TX. The 84% occupied portfolio features an average suite size of 3,561sf, 18′-20′ clear heights, concrete tilt-wall construction, and a unique mix of dock-high and grade-level loading. Its central location sits at the confluence of major national and regional thoroughfares, creating ease of access for tenants to reach a wide service area across all of Dallas and Fort Worth.
The portfolio was acquired off-market, with CenterSquare’s proactive, relationship-oriented approach ultimately securing the investment opportunity. The business plan contemplates leasing the remaining vacancies and spending additional capital to reposition the vacant suites while marking in-place tenants to market. Additionally, we intend to complete various capital improvements such as concrete repairs, exterior painting, monument signage, and any deferred maintenance on an as-needed basis.
“As our second ESI acquisition in the Dallas market, the Belt Line portfolio further expands our footprint in one of our strong target markets,” said Victoria Bocanegra of CenterSquare’s Private Real Estate team. “Additionally, our conviction in the sector remains strong as we continue to uncover opportunities to grow our essential service industrial portfolio.”
This transaction is the fifth Essential Service Industrial investment in the latest Value-Added Fund, bringing our total ESI investment track record to more than 2.8 million square feet.
