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ElmTree Funds Acquires Property From Perot Development Co With Seller's Rep Dustin Volz In Irving

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SOLD
Zach Riebe
Stephen Bailey
+ 2

Texas

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Industrial219,000 SF
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Property Image
SOLD

ElmTree Funds Acquires Property From Perot Development Co With Seller's Rep Dustin Volz In Irving

3100 State Hwy 161, Irving, TX, 75038

See Similar Deals
Industrial219,000 SF
Zach Riebe
Stephen Bailey
+ 2
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Summary

TEXAS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:219,000 SF
Transaction Type:Sale

The sale involved a 219,000-square-foot industrial property located at 3100 State Hwy 161, Irving, TX, 75038, within the Grand Prairie market. Constructed in 2022 as a build-to-suit for Amazon, the property spans 55.7 acres and features 32-foot clear heights, 1,440 parking spaces, and a 9.3 percent office finish.

Summary of transaction details:

The transaction was facilitated by JLL, which represented the seller, a joint venture between Invesco Real Estate and Perot Development Co. The details of the buyer were not disclosed in the transaction.

Players

Stephen Bailey
48 deals$323.3M volume(214) 450-7470
BROKER

Dustin Volz
Newmark
49 deals$432.2M volume(972) 322-5671
BROKER

Zach Riebe
Newmark
32 deals$297.5M volume(979) 255-4431
BROKER

Dom Espinosa
Newmark
34 deals$254.5M volume(512) 694-0380
BROKER

Jack Copher
JLL
7 deals
BROKER

BUYER

Details

SOLD
IMAGE: 3100 State Hwy 161, Irving, TX, 75038 MARKET: Grand Prairie SELLER'S REP: Dustin Volz, Stephen Bailey, Dom Espinosa, Zach Riebe & Jack Copher - JLL BUYER: ElmTree Funds SELLER: Perot Development Co SF: 219000

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