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LBA Logistics Picks Up 616K-SF Dallas Warehouse
Grandview Partners sold the Core45 Building 1, a 616,068-square-foot, newly constructed Class AA industrial facility located at 1401 E Pleasant Run in South Dallas. LBA Logistics acquired the asset.
Completed in 2023, the facility sits on 33.86 acres. The property is currently 48 percent leased to Owens Corning, an investment-grade tenant with a BBB+ credit rating. Core45 Building 1 represents an immediate value-add opportunity for the buyer, with 323,388 square feet of vacancy with spec improvements available for lease-up.
The building includes 8,180 square feet of office space across two suites (4,090 square feet of speculative space).
The property’s strategic location provides direct access to Interstate 45 and Interstate 20, offering immediate connectivity to major Texas thoroughfares and national distribution networks.
The JLL Capital Markets team, which represented the seller, was led by Trent Agnew, Tom Weber, Pauli Kerr and Carson Stogner.
- ◦Sale/Acquisition
