2021 Lawyers in Real Estate Awards
Last year, the Connect CRE team followed up our well-received Next Generation Awards and Women in Real Estate Awards with the inaugural Lawyers in Real Estate Awards. For...
2021 Women in Real Estate
Announcing the 2021 Winners for the Connect CRE Women in Real Estate Awards.
From hundreds of submissions, we have highlighted women with achievements and...
2021 Next Generation Awards
Connect Commercial Real Estate is proud to present the winners of our 2021 Next Generation Awards. In one of the most challenging years on record for the industry,...
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Trinity Groves Distribution Center “Almost Like Finding a Unicorn”
Keller Logistics sold a 472,284-square-foot distribution center in the Dallas neighborhood of Trinity Groves to buyer 2020 Singleton Blvd. LLC. The new owner acquired the rail-served distribution center because of its location. According to Colliers International, which spearheaded the transaction, the location will be the buyer’s final-mile distribution facility.
The sales price on the center at 2020 Singleton Blvd., just north of the CBD, was undisclosed with the asset assessed at $8.1 million. Chris Teesdale and Tom Pearson with Colliers represented the buyer, while Colliers’ Ward Richmond, Cole Hooper, and Brad Balke represented Keller Logistics.
Ward Richmond indicated that final-mile distribution is important in this day and age, and finding a large, rail-served distribution facility within five minutes of downtown Dallas doesn’t happen all that often. “It’s almost like finding a unicorn,” he added.
Mark El-Rayes is an award winning designer and photographer from Beirut, Lebanon. El-Rayes has over 15 years in the design industry, 5 years of which he served as a Mass Communication Specialist in the United States Navy at Naval Air Station North Island, Navy Public Affairs Support Element - West (NPASE). El-Rayes is a full-stack developer, seo specialist, photographer, and artist.