ARLINGTON – Lee & Associates has acquired a 12-building industrial portfolio totaling 582,803 sf from Arden Group.
The deal included the nine-building 109th Street Business Park, 2821 E. Randol Mill Rd., 2016-3030 Avenue East, and 1170-1180 109th St.
The portfolio is 77 percent leased to 20 tenants and was completed between 1961 and 1970.
The Texas Real Estate Research Center has more on DFW’s industrial market:
Source: Lee & Associates