Unknown REIT Acquires Property At 1851 NE Loop 820 Fort Worth With Seller's Rep Jack Fraker CBRE

Interstate Crossing, a class-A distribution facility, is located at 1851 NE Loop 820 in Fort Worth, Texas. The property spans 1,023,000 square feet and features 40-foot clear heights, 100 percent HVAC in both office and warehouse spaces, ample trailer and auto parking with potential for expansion, and 195-foot truck courts. The facility is strategically positioned along Interstate 820 and Interstate 35W, enhancing its appeal within the robust Fort Worth industrial market.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: Undisclosed
• Address: 1851 NE Loop 820, Fort Worth, TX
• Market: Fort Worth
• Seller's Representative: Jack Fraker - CBRE
• Buyer: Unknown REIT
• Square Footage: 1,023,000 SF

CBRE’s representatives for this transaction included Jack Fraker, Randy Baird, Jonathan Bryan, Ryan Thornton, and Eliza Bachhuber, who represented the seller, Hunt Southwest Real Estate Development LLC. The North Fort Worth submarket, where the facility is located, is anticipated to see significant infrastructure investments in the upcoming two years, further driving demand for industrial properties in the region.