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272K-sf shallow-bay industrial portfolio sold in Irving272K-sf shallow-bay industrial portfolio sold in Irvinghttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=269712022-01-12T06:00:00Z2022-01-12T18:00:00Z

​​​​PictureIRVING – Pegasus Real Estate has purchased a two-property, shallow-bay industrial portfolio totaling 271,100 sf within the DFW Airport industrial submarket.

The portfolio includes a fully leased, 92,051-sf building at 4040 Royal Ln. and a 12-building, 93 percent-leased Commerce Center at 4823-4845 W. Royal Ln. and 8400-8432 Sterling St. 

Completed between 1981 and 1999, the shallow-bay assets have clear heights from 12 to 18 ft, seven dock-high doors, two drive-in ramp doors, 39 ground-level doors, and high office finishes.

JLL Capital Markets marketed the property on behalf of the seller, Fort Capital, and arranged acquisition financing.​

Texas logoThe Texas Real Estate Research Center has more on DFW's industrial market:

​Source: JLL
JLL
Dallas-Fort Worth-Arlington
Industrial
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