An Illinois investor TradeLane Properties has purchased a warehouse in the Southfield Park 35 industrial park in DeSoto
The 489,310-square-foot warehouse south of Interstate 20 is latest Texas purchase for TradeLine Properties.The Southfield Park 35-5 building is a 489,310-square-foot industrial property on Jo Drive near Danieldale Road. The warehouse was developed last year by Atlanta-basedJones Lang LaSalle’s Trent Agnew, Tom Weber, Pauli Kerr, Parker McCormack, Matthew Barge and Keenan Ryan arranged the sale.
The investor also just purchased a five-building industrial park adjacent to George Bush International Airport in Houston. “This transaction is consistent with TradeLane Properties’ strategy of investing in select major Central U.S. logistics markets,” company officials said about the Houston purchase.. More than $2.8 billion in North Texas industrial properties changed hands in the first nine months of 2023. D-FW also is the fastest growing U.S.
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