Finial Group Completes Sale of 86,250-Square-Foot Limestone Industrial Portfolio in Balch Springs, Texas, Closing Out Fund 5
Balch Springs, Texas – Finial Group has sold the Limestone Portfolio, a four-building, 86,250-square-foot industrial facility in Balch Springs, Texas, to an owner-user. Finial Group, which owned the portfolio through its investment platform, facilitated the sale.
The sale marks the completion of the full investment cycle for Finial Group’s Fund 5, a $36 million fund within the firm’s Freestanding Industrial Aggregation Fund series. Launched before the COVID-19 pandemic, the fund navigated a period of significant economic uncertainty and disruption before reaching a successful exit, delivering a positive result for its investors. Carrying a fund from a pre-pandemic launch through to a well-timed sale reflects the durability of Finial’s strategy and the discipline behind its investment platform.
Located in Balch Springs, part of the active Southeast Dallas industrial submarket, the portfolio spans four freestanding buildings along Limestone Drive and Allumbaugh Drive. Positioned on almost nine acres of land, the portfolio offers a unique outdoor storage component in an infill location within the Dallas–Fort Worth metroplex, making it an attractive acquisition for an owner-user seeking to control its own facilities in one of the nation’s most competitive industrial markets.
This disposition completes the investment lifecycle for the portfolio: acquired, actively managed through Finial’s in-house leasing and property management teams, and sold at an opportune time. It is a clear example of how Finial Group’s Freestanding Industrial Aggregation Fund strategy creates value for investors across the Sunbelt, even through challenging market cycles.