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519K-sf Sherman distribution center sold to Preston Forrest Capital

​​​PictureSHERMAN – Preston Forrest Capital acquired a 518,700-sf distribution warehouse at 1400 W. FM 1417.

The building is on 70 acres within the 3,300-acre Progress Park master-planned business park.​

It is fully occupied and serves as a regional distribution hub for CertainTeed Corporation.

CBRE represented the seller, the State of Texas Permanent School Fund and General Land Office.​

Texas logoGet more Sherman-Denison news on the Texas Real Estate Research Center’s website:

​Source: Connect CRE

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