W.P. Carey Acquires 2800 Skyline Drive Industrial Asset In Mesquite From CAPSTAR Real Estate Advisors

The property located at 2800 Skyline Drive is a newly built industrial asset consisting of a Class A distribution center with a total square footage of 756,668 and situated on 40.4 acres. The facility is located in the Mesquite market and is fully leased to a major solar technology company. It anchors a two-building manufacturing complex with direct access to I-635 and the Union Pacific Intermodal Terminal.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: Not disclosed
• Address: 2800 Skyline Drive
• Market: Mesquite
• Asset Size: 756,668 SF
• Land Area: 40.4 acres
• Buyer: Jason Fox - W.P. Carey
• Seller: CAPSTAR Real Estate Advisors
• Brokers: Jody Thornton, Trent Agnew, Pauli Kerr, Ben Pollack & Michael Jankovich - JLL

The buyer, Jason Fox, represents W.P. Carey, while the seller, CAPSTAR Real Estate Advisors, underwent this transaction with the assistance of JLL Capital Markets. This deal emphasizes significant collaboration among distinguished professionals in the real estate sector, showcasing the effective representation of the involved parties.