Stonelake buys Grand Prairie 530,000-SF industrial portfolioStonelake buys Grand Prairie 530,000-SF industrial portfoliohttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=113492015-12-04T06:00:00Z2015-12-04T21:00:00Z

​GRAND PRAIRIE - Dallas-based real estate investment firm Stonelake Capital Partners has acquired a six-building industrial portfolio totaling 530,000 sf.

The addition of the portfolio to Stonelake Capital Partners' holdings brings its overall industrial portfolio to more than 3 million sf of space in Dallas, Houston, San Antonio and El Paso.

The six-building Turnpike Industrial Portfolio sits along I-30 outside of Dallas at Cockrell Hill Lane.

Stonelake Capital acquired the properties from Dallas-based Billingsley Co., which has owned the portfolio since the 1970s.

Before Stonelake Capital acquired the portfolio, the firm also bought two industrial buildings in the Great Southwest industrial market and owned a total of 675,000 sf of industrial space in North Texas.

Dallas Business Journal
Dallas-Fort Worth-Arlington

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