DFW Park 161 AMZL is totally leased.
Invesco Actual Property, in three way partnership with Perot Growth Co., has bought a 219,000-square-foot, totally leased Class A distribution heart in Irving, Texas. JLL Capital Markets labored on behalf of the vendor.
Accomplished earlier this yr, DFW Park 161 AMZL is positioned at 3100 State Freeway 161, inside the master-planned DFW Park 161 and the DFW Airport Industrial submarket, one of the sought-after industrial areas of the area. The power was constructed as a distribution heart for Amazon and options 32-foot clear heights, 17 dock doorways, 18 drive-in doorways, 1,440 parking spots and 27 trailer parking areas.
Invesco and Perot broke floor on DFW Park 161 in February 2020. The two.4 million-square-foot improvement spans 200 acres of land leased from the airport. This June, the corporate bought Section I of the park, totaling three buildings and 1 million sq. toes, to BentallGreenOak.
The not too long ago accomplished distribution heart is located on a 55.8-acre lot simply east of Dallas-Fort Price Worldwide Airport. State Freeway 161 is without doubt one of the foremost transportation arteries within the space, with 123,000 automobiles passing by each day. Moreover, the property affords quick access to the main metros inside the Texas Triangle.
The JLL Capital Markets staff concerned within the transaction included Senior Managing Administrators Dustin Volz and Stephen Baily, Administrators Dom Espinosa and Zach Riebe, along with Analyst Jack Copher.
