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Dalfen Offloads 1M-SF FW Industrial Property
Cabot Properties acquired The Mark IV, a three-building, 1,025,500-square-foot, Class A industrial portfolio in Fort Worth, Texas. Dalfen Industrial was the seller.
Completed in 2020, the property is located at 2340, 2233, and 2121 Providence Drive in the Meacham/Fossil Creek submarket of Fort Worth. The buildings feature 32 to 36-foot clear heights, cross-dock and front-load configurations, ESFR sprinkler systems, LED lighting, 185-foot truck court depths, and ample fenced auto and trailer parking spaces.
The properties are 100% leased to six tenants, including AER Manufacturing and CSG. Other tenants include logistics, manufacturing, shipping, technology, and automotive services. The property is situated just five miles from Downtown Fort Worth and 10 miles from Alliance Industrial Airport with convenient proximity to I-820 and I-35W, a major logistics corridor connecting commerce and trade for Mexico and Canada to the central U.S.
- ◦Sale/Acquisition