Warehouse & Self-Storage
Austin MSA

Nordic Realty Partners purchased Dungan Warehouses and Storage during June 2017. Located 10 minutes from Downtown Austin, in a transitioning neighborhood in the path of growth, Dungan Warehouses is a 19,453 SF warehouse and self-storage property, consisting of 38 units. The property functions as both a warehouse/business incubator as well as self-storage, with the larger units geared toward small business owners, and a wide variety of users driving demand. Following acquisition, Nordic immediately executed a value-add program with renovations and tenant improvements and began marking rents to market. Nordic held the fully occupied property for cash flow for several years and exited in June 2020.