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Billingsley Co Sells 304099 Square Foot Industrial Property In Carrollton Represented By Newmark

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SOLD

Texas

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Industrial912,297 SF
Sold 11/26/2024
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SOLD

Billingsley Co Sells 304099 Square Foot Industrial Property In Carrollton Represented By Newmark

4100 Midway Road, 4100 International Parkway & 4120 International Parkway

See Similar Deals
Industrial912,297 SF
Sold 11/26/2024
Contact now

Summary

TEXAS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:912,297 SF
Transaction Type:Sale

The property asset involved in this transaction is the International Business Park 8, 9, and 10, located at 4100 Midway Road and 4100 & 4120 International Parkway in Carrollton, Texas. The industrial asset encompasses 304,099 square feet and was 79% leased at the time of sale. It is part of a larger 300-acre mixed-use campus situated near the Dallas North Tollway.

Summary of transaction details:

The transaction was represented by Newmark, with Chris Murphy, Gary Carr, and Robert Hill serving as the brokers for the seller, Billingsley Co. This sale highlights the ongoing developments within the Carrollton market and the interest in industrial properties within mixed-use environments.

Players

Gary Carr
31 deals$352.5M volume
BROKER

Robert Hill
Newmark
32 deals$252.5M volume
BROKER

Chris Murphy
Newmark
31 deals$218M volume
BROKER

Details

SOLD
IMAGE: Chris Murphy, Gary Carr & Robert Hill DATE: 11/26/2024 ADDRESS: 4100 Midway Road, 4100 & 4120 International Parkway MARKET: Carrollton ASSET TYPE: Industrial ~ SF: 304,099 SELLER: Billingsley Co BROKERS: Chris Murphy, Gary Carr & Robert Hill - Newmark (@Newmark) NOTE: Billingsley Co. sold the 304,099-square-foot International Business Park 8, 9, and 10 in Carrollton, Texas, with Newmark representing the seller. The three office buildings, which were 79% leased at the time of sale, are part of a 300-acre mixed-use campus near the Dallas North Tollway.

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