Pattillo Expands Local Presence with Recent Acquisition
Pattillo just enlarged it’s local real estate holdings with a recent $14.7M purchase from Prologis. The purchase included 2 separate acquisitions:
- Perimeter West I distribution center- a 138k SF structure on 7.1 acres on Pritchard Road, close to Pattillo’s Westside Industrial Park. The building was fully leased at the time of the sale and the property sold for $7.5M.
- The other acquisition was for 96 acres of vacant, industrial zoned land, which can accommodate up to 1.5M SF. This portion of the deal was valued at $7.175M.