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JV Makes Inroads into IH-20 West Business Park
Corinth Land Co. and Prattco Creekway Industrial joined forces once again to buy more property in the IH-20 West Business Park on Fort Worth’s far west side. The team nabbed three buildings totaling 72,476 square feet, encompassing 6676, 6701 and 6715 Corporation Pkwy. The buildings are 100% occupied.
Wilks Heritage Group LLC was the seller. The purchase was financed by Simmons Bank, directed by Becky Carlton, with equity provided by Fort Worth-based Investors Royalty Inc., an affiliate of Corinth Land Co.
The current buy takes place six months after the Corinth/Prattco partnership acquired its first three buildings in the IH-20 West Business Park. It is also the sixth partnership acquisition for the duo. Last summer, the partners acquired Northgate Business Park in Garland, TX.
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- ◦Sale/Acquisition