The Bendetti Co Acquires Property In Fort Worth Represented By Matthew Barge And Dustin Volz

The sale involved a portfolio of six shallow-bay industrial properties located throughout various markets in the Dallas-Fort Worth (DFW) metroplex, which includes Fort Worth. The properties total 289,225 square feet and span a combined 21.5 acres. At the time of the sale, the portfolio was 82 percent leased, featuring an average office finish of 18 percent. The sale address for the property involved is 4901 N Beach St, Fort Worth, TX, 76137.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: Not specified
• Address: 4901 N Beach St, Fort Worth, TX, 76137
• Market: Fort Worth
• Seller's Representatives: Matthew Barge - JLL, Dustin Volz - Newmark
• Buyer: The Bendetti Co
• SF: 289,225
• Portfolio includes buildings located in Dallas, Fort Worth, Arlington, and Grand Prairie
• The portfolio was 82 percent leased at the time of sale

Dustin Volz and Matthew Barge from JLL represented the seller, CanTex Capital. Additionally, John Chun, Peter Thompson, Jarrod McCabe, Samuel Godfrey, and Jordan Leake of JLL arranged a three-year, floating-rate acquisition loan through Bridge Investment Group for the buyer, The Bendetti Co., an investment firm based in Southern California.