1103 – 1109 Airport Circle, Euless, Texas
Property
7 Building Industrial Park 50,112 square feet Acquired March 2016
Location
Euless, which is a town of 54,000 residents located within Mid-Cities, the 30-mile span of suburban cities located between Dallas and Fort Worth, which consists of Irving, Arlington, Grand Prairie and multiple other smaller cities. The larger Euless area, known as HEB, an acronym for Hurst, Euless and Bedford, which is directly proximate to the DFW Airport and is centrally located within the greater Dallas metroplex.
Strategy
Infill value add. The property has maintained 100% occupancy since acquisition. Over 60% of the tenants have been renewed and retained with average rental increases of 12%.
- Equity by Ledo Capital Group
- Debt Placement – Rowin Jacobs, Grandbridge Realty Capital
- Leasing and Management – Holt Lunsford Commercial, Dallas
Contact
Office
134 Lomita Street, El Segundo, California 90245, US