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Basis Industrial closed on a new industrial portfolio in the Dallas-Fort Worth area, adding 519,476 square feet to its holdings. The all-cash transaction closed on May 1, 2025.

The acquisition includes Arapaho 1–9 and Westwood, a series of infill industrial properties located in Richardson, Texas. This marks Basis Industrial’s first investment in the Richardson submarket and brings the company’s total DFW presence to more than 2 million square feet.