JLL Capital Markets has closed the sale of Westside 35, a two-building industrial park totaling 540,324 square feet in Fort Worth, Texas.
JLL represented the seller in the sale to CBRE Investment Management.
The recently completed industrial park is fully leased to three tenants, Gulf Relay, Mattel Sales Corp. and Texas Corrugated Box and Packaging. Westside 35 comprises two front-load warehouses with 36-foot clear heights. Building A offers 59 dock doors, two oversized doors, a 185-foot truck court, 54 trailer parking spaces and 188 auto spaces. Building B features 50 dock-high doors, two oversized doors, a 185-foot truck court, 53 trailer parking spaces and 185 auto spaces.
Located at 2555 and 2575 Downing Drive, Westside 35 is proximate to Interstates 35 and 820, essential transportation routes for local and regional distribution. The property is 10 minutes from Downtown Fort Worth, 18 minutes from Alliance Airport, 25 minutes from Dallas-Fort Worth Airport and 40 minutes from Downtown Dallas. Furthermore, the Dallas-Fort Worth Metroplex ranks as the fourth largest metro area in the country with over 7.9 million residents. The region’s low cost of living and pro-business environment has people and corporations relocating to the area, making it the No. 1 MSA for projected population growth.
The JLL Capital Markets Industrial team representing the seller was led by Senior Managing Directors Dustin Volz and Stephen Bailey, Directors Dom Espinosa and Zach Riebe and Analysts Matthew Barge and Jake Benalloul.
