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Wichita Falls industrial property sold

​WICHITA FALLS – An affiliate of Panda Biotech has purchased a 473,000-sf, 97-acre in​dustrial project. 

The rail-served property has two buildings measuring 350,000 and 123,000 sf. Combined, the buildings have 20,000 sf of office space, 45-ft clear heights, 12 dock doors, and 621 parking spaces. 

The buyer will implement a $47 million renovation program. 

Read Oak Financial provided an $8.1 million acquisition​ loan.​​

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​Source: REBusiness Online

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