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Texas  + Industrial  |  November 11, 2020
Paul Bubny
By: Paul Bubny

Chicago Investor Buys Midlothian Industrial

Global merchant bank Conlon & Co. acquired 690,000 square feet of newly-constructed industrial and logistics space at the Midlothian Business Park in Midlothian, for an undisclosed amount. It’s the Chicago-based company’s second venture in the Dallas-Fort Worth market area in the past 30 days, following an investment in the ongoing turnaround story in White Bluff Resort on Lake Whitney.

In conjunction with its most recent acquisition, Conlon & Co. signed Sunrider Manufacturing as the anchor tenant in Midlothian Business Park. Sunrider Manufacturing will be relocating its headquarters to Midlothian from Torrance, CA in 2022.

“We believe the attractiveness to this area is driven by several factors, including population size and density, educated workforce, and industry diversity,” said Conlon & Co. CEO Sean Conlon. “I strongly believe the Texas economy looks positive post-pandemic. The pandemic has highlighted the critical importance of supply chain and logistics real estate.”

For comments, questions or concerns, please contact Paul Bubny

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).
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