ARLINGTON - A 227,120-sf distribution center at 1701 Timberlake Dr. has been sold. GRM Information Management Services purchased the warehouse from Prologis.
“With the great southwest industrial market achieving historic lows in terms of overall vacancy to date, the property was one of the few remaining large industrial buildings in the area available to purchase,” said Mark Graybill of Lee & Associates.
Arlington is on tenant and investors' short list due to the central location not only in the country but within the Dallas-Fort Worth market, says Philip Rosenfeld, vice president with Colliers International.
Read more at GlobeSt.com.
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