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Jul 22, 2021

519K-sf Sherman distribution center sold to Preston Forrest Capital

​​​​SHERMAN – Preston Forrest Capital acquired a 518,700-sf distribution warehouse at 1400 W. FM 1417.The building is on 70 acres within the 3,300-acre Progress Park master-planned business park.​It is fully occupied and serves...
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by
Allison Tsakiris

​​​​PictureSHERMAN – Preston Forrest Capital acquired a 518,700-sf distribution warehouse at 1400 W. FM 1417.

The building is on 70 acres within the 3,300-acre Progress Park master-planned business park.​

It is fully occupied and serves as a regional distribution hub for CertainTeed Corporation.

CBRE represented the seller, the State of Texas Permanent School Fund and General Land Office.​

Texas logoGet more Sherman-Denison news on the Texas Real Estate Research Center’s website:

​Source: Connect CRE

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Written by
Allison Tsakiris
Last updated
Mar 28, 2024

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