Industrial Outdoor Ventures leased its 10.98-acre industrial outdoor storage facility at 3500 Valley View Lane in Irving, Texas, to MEI Rigging & Crating.
MEI, already an IOV tenant in Houston, will utilize the site for outdoor storage, maintenance, and warehousing.
MEI Rigging & Crating is one of the largest providers of rigging, machinery moving, millwrighting, mechanical installation, storage and warehousing, crating and export packing services in the U.S.
The 3500 Valley View Lane facility features a 4,534-square-foot maintenance shop with three drive-thru bays and 24’ clear ceiling heights. The asset also includes a versatile, fully equipped 2,390-square-foot office building with private offices, conference room, and open-planning workspace. The 10.98-acre site is fully fenced, secure, and well-lit.
The Valley View Lane facility is well located in the market. It is situated immediately west of the President George Bush Turnpike (Highway 161) and north of Highway 183. It is within close proximity to DFW International Airport and Passport Business Park West. Prominent industrial users in the immediate area include ULINE, Amazon, Datey, GSM Outdoors, Tempur + Sealy, and APL Logistics.
David Guinn, Martin Grossman, and Keaton Duhon with Davidson Bogel Real Estate represented IOV in the transaction, while David Cartwright of Armour Realty represented the tenant.