Newmark has arranged the sale of Forney Logistics Crossing, a 904,495-square-foot, newly constructed, cross-dock industrial property located in Forney, Texas, within the East Dallas submarket. The property was 100% leased at the time of sale to Knight-Swift, the fifth largest publicly traded trucking company in the United States.
Newmark Vice Chairmen Dustin Volz and Stephen Bailey, Senior Managing Director Dom Espinosa, Managing Director Zach Riebe, Associates Taylor Hare and Chloie Mercer, and Transaction Manager Caroline Wilson represented the sellers, Stillwater Capital and Grandview Partners, in the sale to EQT Exeter.
Delivered in January 2023, the property features new construction and Class A design, with modern amenities including 40-foot clear height, cross-dock configuration, 161 total dock doors and 198 trailer stalls, with the ability to add up to 154 more stalls.
Located at 11333 County Road 212, the property offers direct access to DFW’s and Texas’ major commercial hubs via US-80, I-45, I-35E and I-20. Nearby, recently completed developments include built-to-suit projects from Goodyear, Amazon and Ashley Furniture.
