ElmTree Funds Acquires Property From Perot Development Co With Seller's Rep Dustin Volz In Irving
Texas
See Similar DealsElmTree Funds Acquires Property From Perot Development Co With Seller's Rep Dustin Volz In Irving
3100 State Hwy 161, Irving, TX, 75038
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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:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Seller: Perot Development Co
- Buyer: ElmTree Funds
- Seller's Representative: Dustin Volz, Stephen Bailey, Dom Espinosa, Zach Riebe & Jack Copher - JLL
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.
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