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GTIS Partners Acquires 17-Acre Site In Dallas For Industrial Warehouse Development

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Sold 10/20/2023
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GTIS Partners Acquires 17-Acre Site In Dallas For Industrial Warehouse Development

Land
Sold 10/20/2023
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Summary

Asset Type:Land
Transaction Type:Sale

GTIS Partners, represented by Gaurav Sahay and Robert McCall, has recently acquired a 17-acre site in the Dallas-Fort Worth (DFW) Airport submarket. The purpose of this acquisition is to develop a 272,000 square foot industrial warehouse, capitalizing on the site's excellent location with convenient highway access and a strong labor pool. Construction for this project is scheduled to commence in March 2024, adding to GTIS Partners' growing industrial portfolio throughout the United States.

Summary of Transaction Details:

  • Property Type: Land
  • Transaction Amount: Not specified
  • Market: Dallas
  • Building Square Footage (BSF): 272,000
  • Acres: 17

This strategic acquisition by GTIS Partners showcases their commitment to expanding their presence in the industrial real estate market. With Gaurav Sahay and Robert McCall as their representatives, they have recognized the potential of the DFW Airport submarket and its advantageous attributes for industrial development. This investment will bring about significant opportunities for economic growth and job creation in the region.

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IMAGE: Gaurav Sahay & Robert McCall DATE: 10/20/2023 MARKET: Dallas ASSET TYPE: Land ~ BSF: 272,000 ~ ACRES: 17 BUYER: GTIS Partners - Gaurav Sahay & Robert McCall NOTE: GTIS Partners has acquired a 17-acre site in the DFW Airport submarket to develop a 272,000 square foot industrial warehouse, taking advantage of its prime location with strategic highway access and a robust labor pool. Construction is set to commence in March 2024, further expanding GTIS' growing industrial portfolio across the United States.

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