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Brandon Schubert Acquires 17.4 Acres Industrial Property In Fort Worth

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SOLD

Texas

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Industrial757,944 SF
Sold 03/07/2024
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SOLD

Brandon Schubert Acquires 17.4 Acres Industrial Property In Fort Worth

2591 Northeast 28th Street

See Similar Deals
Industrial757,944 SF
Sold 03/07/2024
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Summary

TEXAS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:757,944 SF
Transaction Type:Sale

2591 NE 28th Street is a 17.4 acre Industrial Outdoor Storage Facility located in Fort Worth. The property includes 5 buildings totaling 26,000 SF with heavy industrial zoning. Situated right off I-35, the facility is currently leased to several industrial businesses at below-market rates, presenting a significant mark-to-market opportunity for the purchaser.

Summary of transaction details:

The industrial team at Davidson Bogel Real Estate, represented by David Guinn, Cameron Deptula, and Grant Lake, facilitated the smooth transaction for the property at 2591 NE 28th Street. The team expresses gratitude to all parties involved in the successful deal.

Players

David Guinn
21 deals
BROKER

Cameron Deptula
Davidson Bogel Real Estate
7 deals
BROKER

Grant Lake
Davidson Bogel Real Estate
6 deals
BROKER

Details

SOLD
IMAGE: David Guinn, Cameron Deptula & Grant Lake DATE: 03/07/2024 ADDRESS: 2591 Northeast 28th Street MARKET: Fort Worth ASSET TYPE: Industrial ~ SF: 757,944 ~ ACRES: 17.4 BUYER: Brandon Schubert SELLER: Mike Jowell BROKERS: David Guinn (@David___Guinn), Cameron Deptula (@McDeptula) & Grant Lake (@G_Lake95) - Davidson Bogel Real Estate (@DB2RE) NOTE FROM BROKER: 2591 NE 28th Street is a 17.4 acre Industrial Outdoor Storage Facility including 5 buildings totaling 26,000 SF with heavy industrial zoning. Located right off I-35, the property is currently leased to several industrial businesses at well below market rates there was a significant mark to market opportunity for the purchaser. The DB2RE industrial team is grateful for all parties involved in making this a smooth transaction!

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