46.9 F
Fort Worth
Sunday, November 29, 2020
Real Estate Commerical Dalfen acquires industrial building in Fort Worth

Dalfen acquires industrial building in Fort Worth

Other News

Susan Nix: Longtime businesswoman, TCU champion dies

Susan Appleby Nix  Longtime Fort Worth business and civic leader and TCU champion Susan Appleby Nix died Thursday, Nov. 26 from complications of COVID-19.Nix, 72,...

Venezuela judge convicts 6 American oil execs, orders prison

By SCOTT SMITH ASSOCIATED PRESSCARACAS, Venezuela (AP) — Six American oil executives held for three years in Venezuela were found guilty of corruption charges...

Cowboys miss chance for NFC East lead with another home loss

ARLINGTON, Texas (AP) — Both starting offensive tackles were lost to injury on their first drive of the game, Ezekiel Elliott lost another fumble...

JRB Fort Worth chosen for main operating base for C-130J aircraft

Naval Air Station Joint Reserve Base Fort Worth has been selected as a main operating base for eight C-130J aircraft at the 136th Airlift...

Dalfen Industrial on Oct. 13 announced the closing of five last mile industrial buildings in major Texas markets: Mark IV Commerce Center in Fort Worth and Tri-County 5 & 7 in Schertz, near San Antonio.

Built in 2020, Mark IV Commerce Center is a newly constructed, Class A, three-building, 1,025,500 square foot industrial park located at the intersection of Interstate 35 and Interstate 820.

“Both the Fort Worth and San Antonio/Austin markets have seen tremendous population growth which is predicted to continue as more companies move to Texas,” said Kevin Caille, Market Officer at Dalfen Industrial. The assets provide the tenants prime last mile locations amidst a robust workforce and close to major thoroughfares.”

“Best-in-class properties in exceptional infill locations make these acquisitions a natural fit for our rapidly growing portfolio,” said Sean Dalfen, President & Chief Investment Officer at Dalfen Industrial. Dalfen Industrial currently owns and operates over 4 million square feet of last mile industrial assets in Texas and over 24 million square feet nationwide.

AER Manufacturing has leased 80,660 square feet of one building, and Dalfen has experienced interest to lease the remainder of the buildings in the next few months.

Built in 2016, Tri-County 5 & 7 is a two-building asset totaling 211,950 square feet. These buildings are located off of I-35 in Schertz between the San Antonio MSA and Austin MSA, providing the opportunity to service 3.5 million people. Tri-County 7 is 100% leased by SEKO Logistics, and Boss Products. Tri-County 5 is 49.6% leased and include tenants such as Brink’s and Steelcraft Group. Amazon, XPO Logistics, Caterpillar, Cadillac, Phillips and Fedex are also in close proximity.

close

Oh hi there 👋
It’s nice to meet you.

Sign up to receive awesome content in your inbox.

We don’t spam! Read our privacy policy for more info.

Latest News

Jacobs Engineering: Fiscal 4Q Earnings Snapshot

DALLAS (AP) _ Jacobs Engineering Group Inc. (J) on Tuesday reported fiscal fourth-quarter net income of $82 million.On a per-share basis, the Dallas-based company...

Arlington firm designing new hotel in Las Colinas

Arlington-based Type Six Design & Development has announced the firm has received zoning approval from the City of Irving for a new six-story Hotel...

Virus playing part in booming ranch sales in US West

BILLINGS, Mont. (AP) — The coronavirus is one of the likely factors fueling a boom in large ranch sales in the U.S. West, real...

Wood Partners plans 322-unit apartment in Grand Prairie

Wood Partners has recently closed on a new property on S. Forum Drive in Grand Prairie in the Highway 161 corridor. Once complete, the new community...

Existing home sales up 4.3% in October, fifth monthly gain

By KEN SWEET AP Business Writer Sales of existing homes rose for a fifth straight month in October, reaching a level not seen since before...