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

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SOLD
Taylor Hare
Jack Fraker
Zach Riebe
+ 4

Texas

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Industrial234,000 SF
Sold 01/04/2024
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SOLD

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

3951 Old Denton Road

See Similar Deals
Industrial234,000 SF
Sold 01/04/2024
Taylor Hare
Jack Fraker
Zach Riebe
+ 4
the dealplayerscompscontact
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Summary

TEXAS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:234,000 SF
Transaction Type:Sale

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

Stephen Bailey
Newmark
Stephen Bailey
48 deals$323.3M volume(214) 450-7470
BROKER
Dustin Volz
Newmark
Dustin Volz
49 deals$432.2M volume(972) 322-5671
BROKER
Zach Riebe
Newmark
Zach Riebe
32 deals$297.5M volume(979) 255-4431
BROKER
Dom Espinosa
Newmark
Dom Espinosa
34 deals$254.5M volume(512) 694-0380
BROKER
Jack Fraker
Newmark
Jack Fraker
7 deals$507.5M volume
BROKER
Taylor Hare
Newmark
Taylor Hare
2 deals
BROKER
Chloie Johnson Mercer
Newmark
Chloie Johnson Mercer
3 deals
BROKER

Details

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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