DFW Airport business park is latest big industrial sale, A worldwide financial backer has increased its now significant industrial property possessions close to DFW International Airport.
BentallGreenOak, which has workplaces in New York, Toronto, London and Tokyo, has bought three structures in DFW Park 161 business park on the east side of the airport.
The equitable obtained stockroom and distribution structures were finished last year and have more than 1 million square feet.
The completely rented properties on in excess of 90 sections of land were sold by Perot Development Co. what’s more, accomplice Invesco Real Estate.
The structures are along State Highway 161 and are close to different properties claimed by BentallGreenOak. Occupants in the structures incorporate Pitney Bowes and Salata.
Jones Lang LaSalle’s Dustin Volz Sony plans to release two new live service, Stephen Bailey, Dom Espinosa, Zach Riebe and Jack Copher facilitated the sale. Terms of the exchange were not disclosed.
In late 2020, BentallGreenOak purchased the 1.4 million-square-foot Gateway Logistics Center at DFW International Airport. The five-building business park at Airport Freeway and Valley View Lane had inhabitants including Heritage Auctions, Samsung, Hello Fresh, Legendzways Distribution and Hussmann Corp.
BentallGreenOak works more than $50 billion worth of office, logistics, multifamily private and retail properties around the world.
Last year, the financial backer framed an organization with Dallas-based Xebec Realty to support U.S. logistics projects the nation over.
Dallas-Fort Worth is one of the nation’s top speculation property sales markets.
More than $1.4 billion in North Texas industrial and stockroom structures were sold in the year finishing off with May, as per the latest information from Yardi Systems.
Right around 59 million square feet of D-FW stockroom space is under development, the vast majority of any U.S. metro region.