JLL Capital Markets secured financing for DFW Commerce Center Phase II & III, a three-building, 1,953,620-square-foot Class-A industrial park located at Dallas-Fort Worth International Airport.
JLL represented a joint venture between Goldman Sachs Alternatives and CLX Ventures to secure a floating-rate loan provided by an Ares Management Real Estate fund.
Located at 2501, 2701 and 2801 S. Airfield Dr. in Irving, Texas, the park is comprised of three buildings on a Dallas-Fort Worth International Airport ground lease. The buildings are part of the second and third phases of DFW Commerce Center.
Phases II and III cater to distribution and warehouse users with their excellent access to SH 161, SH 183, and SH 114. Additionally, the buildings feature clear heights ranging from 32- to 40-feet, 180- to 185-foot truck court depths and 399 total dock doors. Notably, Phases II and III are the last developed properties on a DFW Airport ground lease with Foreign Trade Zone capability.
The JLL Debt Advisory team was led by Senior Managing Director Campbell Roche, Directors Lauren Dow and Kristi Leonard, Associate Ryan Pollack and Analyst Campbell Swango. JLL’s Senior Managing Directors Kurt Griffin and Nathan Orbin also lead the leasing efforts for the industrial park.
