CanTex Capital acquired a 266,200-square-foot Class-A industrial facility in Dallas.
The property, located on 20.77 acres in the Mountain Creek Industrial Business Park, reflects CanTex’s ongoing activity in the Dallas-Fort Worth market and an expansion into newer industrial product.
The facility boasts a 34-foot clear height, 3,000 amps of power, and approximately 8,000 square feet of office space. The site also features 285 parking spaces and four acres of additional land that may be used for outdoor storage or future development. It is accessible via I-20, the George Bush Turnpike, Highway 67, and Loop 12.
CanTex Capital plans to invest in property improvements, including updates to the roof, warehouse lighting, office space, new branding, and refreshed marketing materials.
CanTex Capital currently owns more than 6 million square feet of industrial assets, with a specific focus on the renovation and repositioning of these properties. As one of the most active industrial buyers in the state of Texas, the firm has 32 acquisitions on track to close by mid-year 2025.
CanTex Capital partnered with DB9 Capital on this acquisition. DB9 isa Dallas-based private investment firm that strategically invests private, family capital in “value-add” opportunities with a focus on long-term value creation. The firm’s diverse portfolio primarily includes well-managed retail, industrial, and land assets that derive strong risk-adjusted returns.
