Cushman & Wakefield represented a private seller in the sale of 4400 Diplomacy Road in the Dallas-Fort Worth market to Stonelake Capital Partners.
The 119,995-square-foot distribution building is 100% leased to Litex Industries and is located in CentrePort Business Park, part of the Great Southwest industrial submarket.
CentrePort is a 1,300-acre master-planned business park that is located immediately south of Dallas-Fort Worth International Airport on fee simple land, midway between Dallas and Fort Worth.
Cushman & Wakefield’s Jim Carpenter, Jud Clements, Robby Rieke and Madeleine Supplee represented the seller in the transaction.
The Stonelake Capital Partners team of Coleman Brown, Michael Massad, Will Thomas and Keontae Burns led the acquisition of the asset.
