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Academy Sports + Outdoors headquarters campus sells for $190M in Katy
Mirae Asset Global Investments of Seoul, South Korea has purchased the 1.5 million-square-foot property at 1800 North Mason Road for $190 million, according to commercial real estate firm Newmark. The property, situated on more than 93 acres, is occupied by Academy under a long-term, triple-net lease where the tenant pays the property expenses. It consists of 1.25 million square feet of industrial warehouse space and 250,000 square feet of office space, according to Newmark. RELATED: Cross-border investments in Houston industrial real estate soar to nearly $1B A team of brokers from Newmark’s Net Lease Capital Markets Group and International Capital Markets Group represented the seller, Tratt Properties, a Phoenix-based company…