Alliuz Acquires 10-Acre Industrial Site In Grand Prairie With Buyer's Rep Philip Cherrick

A 10-acre industrial site located at 2801 South Greatwest Parkway in Grand Prairie, Texas, has been sold. The property is situated in the Great Southwest Industrial District and is intended for the development of two warehouse buildings. The transaction highlights the demand for infill industrial land in the Dallas-Fort Worth area, where available developable sites are increasingly limited.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: Not Disclosed
• Address: 2801 South Greatwest Parkway
• Market: Grand Prairie
• Acres: 10
• Buyer: Alliuz
• Buyer's Representative: Philip Cherrick - Davidson Bogel Real Estate
• Seller's Representative: Pete Richardson - Primera

The transaction reflects strategic movements within the commercial real estate sector, with Alliuz capitalizing on the opportunity to secure land for warehouse development, driven by enterprise requirements in the region. Representatives Philip Cherrick and Pete Richardson played pivotal roles in facilitating this transaction on behalf of the buyer and seller, respectively.