Tempus Realty Announces $32.6M in Industrial Property Acquisitions

The SGS property in Denver, one of four industrial sale-leasebacks in three states acquired by Tempus Realty Partners of Little Rock. (Tempus Realty Partners)

Tempus Realty Partners of Little Rock announced Tuesday the acquisition of four industrial sale-leasebacks in three states, totaling $32.6 million.

The properties make up the real estate investment partnership’s seventh portfolio and total 381,251 SF and 68.25 acres. They are located in Denver; Columbus, Indiana; and Milwaukee. Tenants include Kubin Nicholson Corp. of Carrollton, Texas, and SGS of Geneva.

“Completing our seventh portfolio, composed of four industrial properties, is a testament to the strength of our partnership-based approach,” Dan Andrews, Tempus Realty Partners CEO, said in a statement. “We’re fortifying our foundation in the industrial sector and creating long-term value for our investors.”

Portfolio Seven is Tempus’ fourth deal this year. Other deals include the development of Westrock Coffee Distribution Center in Conway, Portfolio Five and Portfolio Six. The value of the four projects is $165.6 million, the firm said.