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HFF Announces $148M Sale of 20-Building Light Industrial Portfolio in Dallas, Houston and Charlotte

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HFF announces the $148 million sale of a 20-building, Class A, light
industrial portfolio totaling 1.25 million square feet in Dallas and
Houston, Texas, and Charlotte, North Carolina.

The HFF team marketed the property on behalf of the seller, Adler Real
Estate Partners. Exeter Property Group purchased the portfolio.

The portfolio comprises Cardinal Park in Dallas; three properties in
Houston, Bammel Business Park, Business Center at Park 10 and Legacy
Park; and Shopton Ridge in Charlotte. All five properties are situated
in highly desirable, infill submarkets with strong tenant demand.

The HFF investment advisory team representing the seller included
managing director Adam Herrin and director Stephen Bailey along with
senior managing directors Rusty Tamlyn and Chris Norvell, managing
director Trent Agnew and director Patrick Nally.

Holliday GP Corp. ("HFF") is a Texas licensed real estate broker.

Holliday GP Corp. ("HFF") is a North Carolina licensed real estate
broker.

About Adler Real Estate Partners

Adler Real Estate Partners is an entrepreneurial real estate company
pursuing a vertically integrated niche strategy which invests in
multi-tenant industrial and office properties. The company is highly
focused on a specific market sector, enabling it to generate favorable
risk adjusted returns. Learn more at https://adler-partners.com.

About Exeter Property Group

Exeter Property Group is a real estate investment manager focused on
industrial properties and portfolios across North America and Europe. As
hands-on operators, Exeter's experienced team of real estate experts
acquires, develops and manages big box warehouse, multi-tenant logistics
and select suburban and urban office and multi-family properties out of
multiple regional offices. Its combination of local execution and
national scope allows Exeter to construct diversified, high-performing
portfolios to deliver superior real estate solutions to its tenants and
to deliver proven risk-adjusted returns to its investors. For more
information, visit http://exeterpg.com.

About HFF

HFF and its affiliates operate out of 26 offices and are a leading
provider of commercial real estate and capital markets services to the
global commercial real estate industry. HFF, together with its
affiliates, offers clients a fully integrated capital markets platform,
including debt placement, investment advisory, equity placement, funds
marketing, M&A and corporate advisory, loan sales and loan servicing.
HFF, HFF Real Estate Limited, HFF Securities L.P. and HFF Securities
Limited are owned by HFF, Inc. (NYSE:HF). For more information, please
visit hfflp.com
or follow HFF on Twitter @HFF.

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