David M. Marks Of Phoenix Investors Acquires Industrial Complex In Corsicana For 1.5M SF

The property asset involved in this transaction is an industrial complex located at 2200 South Business 45 in Corsicana, TX, encompassing a total square footage of 1,500,000 SF and spanning 172 acres. The property was formerly utilized by K-Mart and Home Depot and is fully leased. It represents a significant addition to the acquiring party's portfolio, which now totals 82 million square feet nationally.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: Not specified
• Square Footage: 1,500,000 SF
• Acres: 172
• Buyer: David M. Marks
• Buyer’s Company: Phoenix Investors
• Market: Corsicana

This transaction was facilitated by David M. Marks, representing Phoenix Investors, who noted the future expansion potential of the property with 625,000 SF set to become available between late 2025 and early 2027.