JLL Capital Markets has closed the sale of Intermodal Commerce Park, a new, fully leased industrial park comprising three buildings that house 1.4 million square feet within the highly sought-after AllianceTexas master-planned project in the Dallas-Fort Worth MSA.
JLL marketed the property on behalf of the seller, a partnership between Gruene Real Estate Partners, Weber & Company and the industrial team of Crow Holdings Development. Clarion Partners acquired the asset. Additionally, JLL arranged the leasing of the project on behalf of the seller.
Completed in the fourth quarter of 2021, Intermodal Commerce Park is home to H-E-B, Volkswagen, Prairie Industries and ANEW Business Solutions. The modern buildings provide clear heights ranging from 36 to 40 feet, deep truck courts, 266 dock-high doors, 10 ramp doors, 325 trailer parking stalls, ESFR fire protection and 641 car parking spaces.
Located in Haslet at 206, 230, 280 S Intermodal Parkway, Intermodal Commerce Park is at the doorstep to the BNSF Intermodal entrance north of Fort Worth and will have direct access to the new Haslet Parkway Project, which will extend Haslet Parkway on the southern portion of the site and connect I-35W and SH170 via an expanded, four-lane highway. Given the proximity to BNSF and AllianceTexas’ connectivity to major air and ground transportation throughfares, this new project will be a prime logistical location for the foreseeable future and will allow tenants to reach any major Texas or regional market.
The JLL Capital Markets Investment Sales and Advisory team that represented the seller was led by Dustin Volz, Stephen Bailey, Dom Espinosa, Wells Waller and Jack Copher.
The JLL Leasing team responsible for leasing the project consisted of George Curry, Jamie Galati, Blake Rogers and Madison Hornisher.
