OpenPath Industrial Partners acquired 2938 Brown Road, a 528,750-square-foot industrial distribution centerin Marshall, Texas, two hours east of Dallas.
The property was acquired at a significant discount to replacement cost, allowing OpenPath the potential for significant value-add.
Located just one mile from Interstate 20, the 39-acre Brown Road property offers immediate access to one of the most vital freight corridors in the southern United States. The East Texas I- 20 corridor is a high-demand logistics and industrial hub, benefiting from growing e-commerce, light manufacturing, and regional distribution activity.
The Brown Road facility features 72 loading docks, up to 35-foot clear heights, backup power generators, and ample secured trailer and car parking. Its 38.5-acre site allows for flexible demising or expansion strategies.
The acquisition was completed in partnership with Binswanger’s Holmes Davis, whose local expertise and market insight were instrumental throughout the transaction.