Cushman & Wakefield’s Jim Carpenter, Jud Clements, Robby Rieke, Emily Brandt and Trevor Berry represented the seller, a fund backed by Brookfield Asset Management, in the sale to Transwestern Investment Group.
Lone Star Commerce Center is currently 100% leased and is ideally located in Northwest Fort Worth, one of the fastest growing areas in the Dallas-Fort Worth market. Located at the high-traffic intersection of I-820 and SH-199, just eight miles from Downtown Fort Worth and five miles from I-35E, the site offers strong regional connectivity and proximity to major DFW transportation corridors.
Completed in 2021, the Property features Class A+ building specifications such as 32’ clear heights; 135’-185’ truck courts; LED lighting; and a flexible, multi-tenant building layout that can accommodate a variety of users.
“The Lone Star Commerce Center offering received significant investor interest due to the Class A+ building features and exceptional Northwest Fort Worth location featuring I-820 visibility,” said Rieke, Cushman & Wakefield Executive Managing Director. “In addition, investors favored the strong tenant roster with significant near-term upside.”