CanTex Buys are Among the Largest in Brookhollow Industrial Submarket

Dallas-based CanTex Capital recently acquired two industrial buildings located at 2205-2255 East Pioneer Dr. and 600 North Wildwood Dr. This sale marks one of the largest transactions in the Brookhollow industrial submarket in the last three years.

“We’re maintaining a bullish outlook on infill industrial properties in the Dallas-Fort Worth area, specifically those located along key logistics corridors and in low vacancy submarkets,” said Romit Cheema, CEO and principal of CanTex Capital. “We are seeing amazing demand and rental rate growth in the Brookhollow submarket and truly believe it is one of the best infill submarkets in the DFW metroplex.”

Located in the low vacancy Brookhollow industrial submarket, the properties are the largest multi-tenant tilt-wall construction buildings in the area. Currently, similar-sized assets in the market are predominantly institutionally owned. The properties are fully stabilized at below-market rental rates with a large distributor and two national construction services tenants.

NAI Robert Lynn’s Chase Miller and Robert Blankinship represented the buyer and seller in the transaction.

“DFW’s industrial market continues to thrive, and the lack of available space continues to make Brookhollow a desirable submarket,” said Miller. “This sale is identifiable as one of the largest transactions in Brookhollow in the last few years. We are pleased to partner with CanTex in identifying effective real estate solutions that reflect their current growth trajectory in the area.”