Baltisse-Ackerman Sells Doerr Lane Logistics Center, Signaling Strong Demand for Texas Industrial Real Estate

The recent sale of the Doerr Lane Logistics Center, a 307,000-square-foot Class A distribution facility in Schertz, Texas, underscores the vibrant industrial real estate market in the state. Baltisse-Ackerman Commercial Development successfully sold the property, which is fully leased to MEI Rigging & Crating and Quality Custom Distribution, to a private investor from California. This transaction, facilitated by JLL, reflects the high demand for strategically located distribution spaces in Texas, particularly in areas with easy access to major highways like I-35, Loop 1604, and I-10.

Jeff Bryant of Ackerman & Co. emphasized the property's appeal due to its location in a key logistics corridor, meeting the rising demand for Class A distribution space. The City of Schertz's support was instrumental in the project's development, showcasing the collaborative efforts between developers and local governments to enhance Texas's industrial infrastructure. The sale is part of Ackerman & Co.'s broader strategy to expand its footprint in the Texas market, with ongoing and completed projects totaling over 3 million square feet of Class A development.

Baltisse-Ackerman's continued investment in Texas, including developments like the Corporate Drive Industrial Park in Selma and the upcoming TriPoint Logistics Center in Seguin, signals confidence in the state's economic growth and the industrial sector's potential. These projects cater to the evolving needs of businesses seeking efficient distribution and manufacturing spaces near major population centers. The strong population and economic growth in Texas, coupled with the rise of e-commerce, are driving demand for modern distribution facilities, making them valuable assets in the commercial real estate market.

The sale of the Doerr Lane Logistics Center and the expansion of industrial developments across Texas highlight the state's pivotal role in the national supply chain. As companies aim to optimize their distribution networks, properties with strategic locations and modern amenities are becoming increasingly sought after. This trend not only benefits investors and developers but also supports local economies by creating jobs and fostering business growth. The ongoing investments in Texas's industrial real estate sector are a testament to the state's robust economic prospects and its importance in the broader logistics and distribution landscape.