DALLAS – CIP Real Estate has acquired a three-building industrial portfolio totaling 168,600 sf across 35.3 acres.
The assets, built between 2006 and 2009, are at:
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1830 and 1840 High Prairie Rd. in Grand Prairie;
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2202 Manana Dr. in Dallas; and
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5309 Superior Pkwy. in Fort Worth.
The portfolio features clear heights ranging from 20 to 22 ft, cross-dock configuration, concrete tilt-wall construction, and 15 percent average office finish-out.
JLL represented the seller, MoxieBridge, and secured acquisition financing on behalf of the buyer.
The Texas Real Estate Research Center has more on DFW’s industrial market:
Source: REBusiness Online