Friday, February 15, 2013

TRADE CENTER TRIO SOLD


DALLAS (CBRE) – Locally based Invesco Real Estate has purchased three Class-A industrial buildings just north of the Dallas-Fort Worth International Airport. The buildings total 1.4 million sf.
Trade Center I is at 2700 Regent Blvd., and Trade Center II and IV are at 2520-2525 Esters Blvd.
Constructed between 2004 and 2008, the buildings have 30- to 34-foot clear heights, large truck court depths, ESFR sprinkler systems, and showrooms and office space.
At the time of sale, Trade Center II and IV were 92 percent leased to four tenants. Trade Center I was vacant.
CBRE represented sellers Bentall Kennedy and Trammell Crow Company.