S2 Acquires 589K-SF FW Industrial Campus

Lonpoint Realty Partners sold Point 820, a 589,022-square-foot campus in Fort Worth, Texas, to S2 Industrial. S2 will rebrand it as Panther City Industrial Park.

Panther City Industrial Park comprises 31 buildings developed between 1966 and 1968 across a 34-acre site. The campus is at 5721 E. Rosedale St., just off Interstate 820, also providing easy access to state routes 303 and 180, as well as interstates 20, 30 and 35.

Commercial Search reports that, because the previous ownership has recently renovated the building’s common areas and exterior facades, the new owner plans to invest in upgrading suite interiors. S2 Industrial’s property management arm, Fort Management, will handle day-to-day operations at the property.

Dallas-Fort Worth has registered more than $2.3 billion in industrial investment sales year-to-date through May, according to a recent Yardi Matrix report, ranking first in the U.S.

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