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1/02/24
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DFW Corporate Park, a 211.4k sf, flex-industrial park in the Dallas/Fort Worth metroplex area, was acquired by a private real estate investor. The deal was financed with $23.4 mil of senior financing and preferred equity.
The 22-building property is located at 2100 N Highway 360 in Grand Prairie, between Dallas and Fort Worth. It features a wide variety of rear-loaded warehouse spaces, modern office suites, and street fronting retail spaces for lease.
Gantry’s Braden Turnbull, and Keegan Bridges secured the financing. The first position loan consisted of a five-year, fixed rate permanent loan sourced through a life company correspondents. Gantry also arranged for the placement of a preferred equity commitment from a national private equity investment fund.
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