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155 North Interstate 35e
SOLD

High Street Logistics Properties Acquires Urban District 35 From Urban Logistics Realty

155 North Interstate 35e

Industrial
440,000 SF
clock iconSold 66 days ago
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Summary

Sale
TEXAS
Industrial
440,000 sqft

The Urban District 35 business park, located in Denton, Texas, has been acquired by High Street Logistics Properties from developer Urban Logistics Realty. The property encompasses four buildings totaling over 440,000 square feet and sits on 31 acres at the southeast corner of Interstate 35 East and U.S. Route 377. The recently appraised value of the property exceeds $60 million.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not Disclosed
  • Address: 155 North Interstate 35e
  • Market: Denton
  • Buyer: Andrew Zgutowicz - High Street Logistics Properties
  • Seller: Jason Nunley - Urban Logistics Realty

High Street Logistics Properties successfully closed the acquisition of the Urban District 35 business park, expanding its portfolio with this strategic investment. Andrew Zgutowicz, representing High Street Logistics Properties, navigated the transaction with selling representative Jason Nunley from Urban Logistics Realty, showcasing a significant real estate deal in Denton, Texas.

Details

Deal Summary
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SOLD
IMAGE: Jason Nunley DATE: 05/14/2024 ADDRESS: 155 North Interstate 35e MARKET: Denton ASSET TYPE: Industrial ~ SF: 440,000 ~ ACRES: 31 BUYER: Andrew Zgutowicz - High Street Logistics Properties SELLER: Jason Nunley - Urban Logistics Realty (@UrbanLogisticsRealty) NOTE: High Street Logistics Properties has acquired the Urban District 35 business park in Denton, Texas, spanning four buildings with over 440,000 square feet, from developer Urban Logistics Realty. The property, located on 31 acres at the southeast corner of Interstate 35 East and U.S. Route 377, was recently appraised at a value exceeding $60 million.

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Address155 North Interstate 35e

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