Institutional Buyer Acquires Fully Leased Northmark Commerce Center In Haltom City, Dallas-Fort Worth | 3951 Old Denton Road | Taylor Hare, Jack Fraker, Zach Riebe, Stephen Bailey, Dustin Volz, Dom Espinosa, Chloie Johnson Mercer | Industrial | Sale

Summary

Sale

TEXAS

Industrial

234,000 sqft

An institutional buyer has purchased the fully leased, 234,000-square-foot Northmark Commerce Center in Haltom City, Dallas-Fort Worth. The property is located at 3951 Old Denton Road and sits on 20 acres of land. This industrial asset is situated in a high-growth logistics hub, approximately seven miles north of downtown Fort Worth. The transaction took place on 01/04/2024.

Summary of transaction details:

Property Type: Industrial
Transaction Amount: Not specified
Square Footage: 234,000
Address: 3951 Old Denton Road
Market: Haltom City
Acres: 20

The sellers of the Northmark Commerce Center were David Sellers, representing Creation Equity, and Michael Levy, representing a real estate fund advised by Crow Holdings Capital. Newmark brokers Chloie Johnson Mercer, Dom Espinosa, Dustin Volz, Jack Fraker, Stephen Bailey, Taylor Hare, and Zach Riebe facilitated the transaction.

Players

All
8

Agents
7
Agencies
1

Taylor Hare

Financial Analyst

Jack Fraker

Vice Chairman, Managing Director

$297.5M Sold

$267M Sold

$47M Sold

Senior Managing Director

$47M Sold

Chloie Johnson Mercer

Associate

Newmark

Details

Deal Summary

SOLD

IMAGE: David Sellers, Michael Levy, Chloie Johnson Mercer, Dom Espinosa, Dustin Volz, Jack Fraker, Stephen Bailey, Taylor Hare & Zach Riebe DATE: 01/04/2024 ADDRESS: 3951 Old Denton Road MARKET: Haltom City ASSET TYPE: Industrial ~ SF: 234,000 ~ ACRES: 20 SELLER: David Sellers - Creation Equity (@CreationEquity); Michael Levy - Crow Holdings Capital BROKERS: Chloie Johnson Mercer, Dom Espinosa (@DomHoncho), Dustin Volz, Jack Fraker, Stephen Bailey (@StephenBailey9), Taylor Hare & Zach Riebe - Newmark (@Newmark) NOTE: An institutional buyer has purchased the fully leased, 234,000-square-foot Northmark Commerce Center in Haltom City, Dallas-Fort Worth, from sellers Creation Equity and a real estate fund advised by Crow Holdings Capital. The high-growth logistics hub, located about seven miles north of downtown Fort Worth, is occupied by Ryder System.

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Address3951 Old Denton Road

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