Institutional Buyer Acquires Fully Leased Northmark Commerce Center In Haltom City, Dallas-Fort Worth

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.