DALLAS, Oct. 25, 2023 - JLL Capital Markets announced today that it represented the seller in the sale of Southfield Park 35 - Building 5, an industrial facility totalling 489,310 square feet in DeSoto, Texas. The property, developed by Seefried Industrial Properties and Affinius Capital, delivered in September 2022.
Situated on 33.91 acres, the best-in-class asset features 40' heights, 185' truck court depths, 117 dock doors, and 144 trailer parking spaces with the ability to create an additional 50 trailer parks.
Strategically located in the South Dallas industrial submarket, the property benefits from access to many of the major population centers in Dallas-Fort Worth. The facility is located 1.2 miles from I-20 and 2.3 miles from I-35E, which serve as major local, regional, and national arteries for logistics and transportation across markets.
The JLL Capital Markets Investment Sales and Advisory team was led by Senior Managing Director Trent Agnew, Directors Tom Weber and Pauli Kerr, Senior Director Parker McCormack, Associate Matthew Barge, and Analyst Keenan Ryan.
JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The firm's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients - whether investment sales and advisory, debt advisory, equity advisory or a recapitalization. The firm has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.
For more news, videos and research resources, please visit JLL's newsroom.
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Jones Lang LaSalle Inc. published this content on 25 October 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 October 2023 15:25:59 UTC.
