Jack Matthews Of Matthews Acquires 1.98M Square Foot Industrial Site In Dallas From LBA Logistics

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.