Oct 29, 2019
2.3M-sf industrial facility purchased in West Dallas
DALLAS – Granite Real Estate Investment Trust has acquired a 2.3 million-sf industrial facility on 101 acres at 1301 Chalk Hill Rd. The property features 41-ft clear heights, 2,500 auto parking...
DALLAS – Granite Real Estate Investment Trust has acquired a 2.3 million-sf industrial facility on 101 acres at 1301 Chalk Hill Rd.
The property features 41-ft clear heights, 2,500 auto parking spaces, and 300 trailer parking spaces.
The facility is fully leased for an initial lease term of 20 years by Amazon, according to the Dallas Morning News.
Granite acquired the property as part of a $296 million acquisition package.
The Real Estate Center has more on Houston’s industrial market:
Source: REBusiness Online
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