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MDH Partners Acquires Everman Crossroads Industrial Portfolio
MDH Partners recently acquired the Everman Crossroads portfolio consisting of two class-A industrial distribution buildings in Fort Worth. The Everman Crossroads portfolio includes Building One located at 8400 Oak Grove Rd. and Building Two located at 1401 Everman Pkwy. Constructed in 2021, the portfolio is situated on 47 acres.
Georga Rowe served as the acquisition lead for MDH Partners. J. Scott Moore with CBRE represented the buyer. JLL represented the seller, Bandera Ventures and Invesco Real Estate.
“MDH Partners is delighted to acquire Everman Crossroads as we continue our expansion across the Texas industrial market,” said Rowe. “This quarter alone has seen record-breaking demand and historically low vacancy rates across the Dallas-Fort Worth market. We plan to continue executing our strategy, targeting high-return investments with strong supporting data as we seek to grow our footprint across the Sunbelt.”
Building One is a 310,292-square-foot property which is fully leased to Purina Animal Nutrition. Building Two is a 644,319-square-foot property that is available for lease.
- ◦Sale/Acquisition
