Texas industrial sells to East Coast buyer

Tenant retains 22-year lease agreement

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Marcus & Millichap brokered the sale of a 310,519-square-foot single-tenant industrial facility in Temple, Texas. The value of the transaction was $17.1 million. Dallas-based Atlantic Financial Group sold the property to a New Jersey-based buyer. The Performance Food Group Temperature Controlled building was constructed in 1999 on approximately 55 acres. Temperature Controlled is a subsidiary of Performance Food Group Co. and has guaranteed a 22-year absolute triple net lease. Encino, Calif.-based Marcus & Millichap is a commercial real estate brokerage. *** Send a Letter to the Editor for publication.Send a comment or news tip to our newsroom. Please include the headline of the story....