100 West Crosby Road, Carrolton, Texas
Property: Multi-tenant industrial building 202,000 square feet Acquired June 2017
Location: Carrolton (Dallas), an infill property located in the center of the Dallas Fort Worth “Metroplex” directly off interstate 35E and proximate to the interchange of 35E and 635, as well as the George Bush Turnpike. Carrolton has become increasing more infill with the growth of Dallas and is experiencing significant gentrification and growth.
Strategy: Infill value add. Purchased on behalf of an investor in a 1031 exchange and retained for asset management.