Foundry Commercial And Crow Holdings Acquire 6.84-Acre Development Site In Irving From RM Crowe

A 6.84-acre development site located at 4250 North Belt Line Road in Irving has been sold. The asset will be redeveloped into a 118,032-square-foot Class A industrial facility, representing a significant investment in the area.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: Not specified
• Address: 4250 North Belt Line Road
• Market: Irving
• Building Size: 118,032 square feet
• Buyer: Jim Traynor - Foundry Commercial & Crow Holdings
• Seller: Mo Crowe - RM Crowe
• Broker: Chris Murphy - Newmark

This transaction involves RM Crowe remaining a key player as both a general partner and equity investor in the redevelopment project, further indicating their ongoing commitment to the success of this development.