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Jack Matthews Of Matthews Acquires 1.98M Square Foot Industrial Site In Dallas From LBA Logistics
SOLD
Texas
See Similar DealsIndustrial1,982,900 SF
Sold 10/17/2025
SOLD
Jack Matthews Of Matthews Acquires 1.98M Square Foot Industrial Site In Dallas From LBA Logistics
1600 Roe Street
See Similar DealsIndustrial1,982,900 SF
Sold 10/17/2025
Summary
TEXAS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:1,982,900 SF
Transaction Type:Sale
The property asset involved in the transaction is a 1,982,900 square foot industrial facility located at 1600 Roe Street in Dallas, situated on 38.55 acres. This former Sears Roebuck distribution center was sold by LBA Logistics.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Address: 1600 Roe Street
- Market: Dallas
- Acres: 38.55
- Buyer: Jack Matthews
- Seller: LBA Logistics
- Brokers: David Davidson Jr. & Jake Milner - Davidson Bogel Real Estate
David Davidson Jr. and Jake Milner of Davidson Bogel Real Estate facilitated the deal, representing the seller. Jack Matthews plans to engage with community stakeholders to develop a mixed-use vision for the site following the purchase.
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Deal Type
30 years
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Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$0.00
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
0.00%
Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00
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