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Texas  + Industrial  |  December 2, 2020
Paul Bubny
By: Paul Bubny

Dalfen Buys Mesquite Warehouse from Clarion

Dalfen Industrial has acquired the 396,750-square-foot Peachtree Distribution Center from Clarion Partners at 510 N. Peachtree Rd. in the east Dallas suburb of Mesquite. The property is 100% leased to three internationally recognized tenants – Dal-Tile Corp., Parker-Hannafin Corp. and Bronco Orora.
 
“Adding Peachtree to our other two properties in the submarket (as well as one large property under development), Dalfen views this submarket as a perfect last-mile location to service the rapidly growing north and east Dallas suburbs,” said Kevin Caille, market officer for Dalfen.
 
Sean Dalfen, president and CIO, said, “This acquisition is squarely within our strategy of focusing on infill in key markets. Dallas/Fort Worth has one of the strongest industrial markets in the nation, and the East/Dallas Mesquite submarket is one of the best due to location, workforce, and proximity to major highways.”

The deal brings Dalfen Industrial’s Texas portfolio to 4.4 million square feet.

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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