Sale of a newly constructed, Class A industrial facility closes in South Dallas

JLL Capital Markets represented the seller in the sale of Southfield Park 35 – Building 5, an industrial facility totaling 489,310 square feet in DeSoto, Texas. The property, developed by Seefried Industrial Properties and Affinius Capital, was delivered in September 2022.

Situated on 33.91 acres, the best-in-class asset features 40-foot heights, 185-foot truck court depths, 117 dock doors and 144 trailer parking spaces with the ability to create an additional 50 trailer parks.

Strategically located in the South Dallas industrial submarket, the property benefits from access to many of the major population centers in Dallas-Fort Worth. The facility is located 1.2 miles from I-20 and 2.3 miles from I-35E, which serve as major local, regional and national arteries for logistics and transportation across markets.

The JLL Capital Markets Investment Sales and Advisory team was led by Senior Managing Director Trent Agnew, Directors Tom Weber and Pauli Kerr, Senior Director Parker McCormack, Associate Matthew Barge and Analyst Keenan Ryan.