Westmount Realty Capital Announces Promotion of Stephen Kanoff to Executive Managing Director and Chief Investment Officer

Westmount

PRESS RELEASE DALLAS – June 6, 2016 – Westmount Realty Capital, LLC (Westmount) is pleased to announce that Stephen Kanoff has been promoted to the position of executive managing director and chief investment officer. A veteran in the commercial real estate industry, Kanoff has been at Westmount for more than 22 years and was most recently the executive vice president … Read More

Westmount Realty Capital, Partners Group Acquire 19-Property Industrial Portfolio in Chicagoland

rebusinessonline.com

ARTICLE written by Christina Cannon CHICAGO — A joint venture between Westmount Realty Capital LLC and Partners Group has acquired an industrial portfolio in the greater Chicago area for an undisclosed amount. The portfolio consists of 19 multi-tenant, light industrial facilities totaling approximately 1.5 million square feet. The portfolio is 86 percent occupied. The seller in the transaction was a … Read More

Class B Industrials Bring Foreign Investors to Chicago

GlobeSt.com

ARTICLE By Brian J. Rogal The class B market is thriving here, especially around O’Hare Airport, and even overseas investors are looking for ways to invest. CHICAGO—Westmount Realty Capital, LLC and Partners Group have just purchased an industrial portfolio of 19 multi-tenant, light industrial assets, mostly around O’Hare Airport and totaling about 1.5 million square feet, on behalf of their … Read More

Atlanta Master-Planned Business Park of 1.2 Million Square Feet Purchased by Westmount Realty Capital and Quilvest Private Equity

Westmount

Westmount Realty Capital, LLC, together with Quilvest Private Equity, is pleased to announce the purchase of Gwinnett Corporate Center located at 1700-1865 Corporate Drive and 4145-4165 Shackleford Road in Norcross, Gwinnett County, Georgia.  The 115-acre property is one of  the premier  master-planned business  parks in the I-85 northeast corridor and encompasses 1.2 million square feet in 17 Class A buildings and … Read More

Atlanta Master-Planned Business Park Changes Hands

Westmount

Westmount Realty Capital LLC and Quilvest Private Equity have partnered to acquire Gwinnett Corporate Center, 17 Class A buildings totaling 1.2 million square feet, in Norcross, Ga. The sale also included an additional six-acre, pad-ready site for future development. Westmount is the managing member and will provide property management services as well. “We like the general dynamics of what’s going … Read More

Westmount Realty Capital Hires Finance Veteran Brant Brown as Chief Financial Officer

Westmount

Westmount Realty Capital (Westmount) is pleased to announce that seasoned financial executive Brant Brown, CPA, has been hired as chief financial officer (CFO) for the company. Brown brings to Westmount considerable experience leading financial operations and working to safeguard investor interests. “We are very pleased to have Brant join our team as the new CFO,” commented Clifford A. Booth, president … Read More

Westmount Acquires The Colonnade Apartment Homes in Grand Prairie

Westmount

GRAND PRAIRIE, TEXAS — Westmount Realty Capital LLC has acquired The Colonnade Apartment Homes, a 192-unit multifamily community located at 2815 Osler Drive in Grand Prairie. Will Balthrope and Drew Kile of Institutional Property Advisors (IPA), alongside Al Silva of Marcus & Millichap, represented the undisclosed seller. Balthrope, Kile, Silva and Rowan Burch of IPA procured the buyer in the … Read More

Westmount Realty Capital Acquires Class “A” Apartment Community

Westmount

Westmount Realty Capital is pleased to announce the acquisition of the Colonnade Apartments, a strong Class “A” garden-style apartment property located at 2815 Osler Drive in Grand Prairie, Texas. Westmount is rebranding the well maintained apartment community as Westmount at the Colonnade. The project constructed in 2001 consists of 192 units on an 11.19 acre site, for an average of … Read More

Dallas investor adds to apartment holdings with Grand Prairie buy

Westmount

A Dallas investor has purchased a Grand Prairie rental community, adding to the thousands of apartments the firm has recently acquired. Westmount Realty Capital purchased the Colonnade Apartments, a 192-unit apartment development at 2815 Osler Drive. Built in 2001, the project is near State Highway 360 and near General Motors’ Arlington plant. The new owners plan to upgrade the property. … Read More

357,701 SF Baltimore Portfolio Purchased By Westmount Realty Capital And Partners Group

Westmount

A joint venture between Westmount Realty Capital, LLC and Partners Group is pleased to announce their entry into the Baltimore-Washington, D.C. market with the purchase of Candlewood Commerce Center located at 7462–7468 Candlewood Road in Hanover, Maryland and adjacent to the Baltimore-Washington International Airport (BWI). The property encompasses three in-fill industrial buildings of 357,701 square feet of modern Class A … Read More

Dallas Investor Takes Three in Hanover

Westmount

Westmount Realty Capital has entered the Baltimore-Washington Corridor industrial market. The Dallas-based commercial real estate investment, development and management company purchased a three-building industrial portfolio in Hanover. Westmount is now the owner of the industrial buildings at 7462, 7466 and 7468 Candlewood Road. Together, the properties form the Candlewood Commerce Center, which the Dallas-based company purchased from TIAA-CREF for $26 … Read More

Dallas developer buys Hanover industrial park, first purchase in Baltimore area

Westmount

A Dallas developer has entered the Baltimore/Washington, D.C., market with the purchase of nearly 358,000 square feet of industrial and distribution space in Hanover. In collaboration with Switzerland-based Partners Group, Westmount Realty Capital LLC purchased Candlewood Commerce Center at 7462-7468 Candlewood Road near Baltimore/Washington International Thurgood Marshall Airport. The purchase price was not disclosed. The three buildings last sold to … Read More

Westmount Realty Capital has acquired the Braesridge Apartments

Westmount

Dallas-based Westmount Realty Capital has acquired the Braesridge Apartments at 11100 Braesridge Drive in the Fondren Southwest area. Westmount is rebranding the garden-style apartment community as Westmount at Braesridge. The three-story complex was built in 1982 and consists of 542 units totaling 413,276 square feet on 16.74 acres. The apartments are a mix of one- and two-bedroom units ranging from … Read More

Westmount Realty Capital Acquires Apartment Community in Houston

Westmount

HOUSTON — Westmount Realty Capital LLC has acquired the Braesridge Apartments located at 11100 Braesridge Drive in southwest Houston. Westmount is rebranding the garden-style apartment community as Westmount at Braesridge. The three-story asset was constructed in 1982 and consists of 542 units totaling 413,276 square feet on 16.7 acres, for an average of 32 units per acre. The apartments are … Read More

Westmount Realty Capital Enters Milwaukee

Westmount

February 10, 2015 BizNow After entering the Chicago market this time last year with a 1.5M SF industrial portfolio buy, Dallas-based Westmount Realty Capital (CEO Cliff Booth, pictured) is traveling an hour north to Milwaukee. The industrial investor bought a 10-building, 1.7M SF portfolio of Milwaukee area industrial (80% occupied) from Centerpoint Properties Trust, the Milwaukee Business Journal reports. The … Read More

Centerpoint sells 10 Milwaukee-area industrial buildings for $61 million

Westmount

February 11, 2015 BizTimes.com Milwaukee Business News Oak Brook, Ill.-based CenterPoint Properties Trust recently sold a portfolio of 10 industrial buildings in the Milwaukee area to an affiliate of Dallas-based Westmount Realty Capital LLC. The portfolio has a total of 1.74 million square feet of space and sold for about $35 a square foot, or a total of about $61.25 … Read More

Centerpoint sells 10 Milwaukee-area industrial buildings to Dallas investor

Westmount

February 6, 2015 Milwaukee Business Journal Sean Ryan, Reporter Centerpoint Properties Trust sold a portfolio of 10 buildings in the Milwaukee area to Dallas investor Westmount Realty Capital LLC, which plans substantial investment in the properties. It marks Dallas-based Westmount Realty Capital’s entrance into the Milwaukee area. The company bought a similar-sized portfolio in the Chicago area a year ago, … Read More

Westmount Realty Capital Sells 1.1M SF Industrial Complex in Charlotte

Westmount

  Rebusiness Online CHARLOTTE, N.C. — Dallas-based Westmount Realty Capital has sold Logistics Pointe/Charlotte, a 1.1 million-square-foot industrial/distribution complex at 2401 Nevada Blvd. and 12520 General Drive in Charlotte. The buyer was a joint venture between LRC Opportunity Fund and New York Life Real Estate Investors. Westmount Realty originally purchased the asset in June 2006, a year after Winn-Dixie filed … Read More

Westmount Realty Capital Announces Sale of 1.1 Million S.F. Industrial Complex in Charlotte, NC

Westmount

  Herald Online DALLAS — Dallas-based Westmount Realty Capital announced today the sale of Logistics Pointe/Charlotte located at 2401 Nevada Blvd. and 12520 General Drive in the southwest submarket of Charlotte, North Carolina, the largest industrial market in the Carolinas. The buyer was a joint venture partnership between LRC Opportunity Fund and New York Life Real Estate Investors. Logistics Pointe … Read More

Westmount Realty Capital acquires Highland Bluffs Apartments

Westmount

  Dallas Morning News Westmount Realty Capital has purchased the 357-unit Villas at Montierra apartments at 1615 John West Road in Dallas. The rental community was built in 1984 and is 95 percent leased. Read more here.