The transaction involved the sale of the property at 4101 Lindbergh Dr, Addison, TX, within the Addison market. The property is part of a larger portfolio totaling 606,889 square feet, which boasts a 95 percent lease rate. The seller of this property was Fort Capital, while the buyer for this transaction was Birtcher Anderson. The property forms part of a joint venture acquisition that includes several shallow-bay industrial properties in the Dallas–Ft. Worth Metroplex.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: Not disclosed
• Address: 4101 Lindbergh Dr, Addison, TX, 75001
• Market: Addison
• Seller: Fort Capital
• Buyers: Birtcher Anderson
• Seller's Rep: Dustin Volz - Newmark, Erin Lazarus - JLL
• Buyer's Representative: Cullen Aderhold - JLL Capital Markets Debt Placement team

Key individuals involved in the transaction included the JLL Capital Markets team representing the seller, which was led by Senior Director Stephen Bailey and Managing Director Dustin Volz. Analysts Wesley Gilmer and Erin Lazarus were also part of the team. The acquisition financial arrangements were facilitated by the JLL Capital Markets Debt Placement team, focusing on clients Birtcher Anderson and Belay Investment Group.