{"id":1004198646,"date":"2017-11-29T08:29:06","date_gmt":"2017-11-29T16:29:06","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004198646"},"modified":"2022-12-08T08:36:28","modified_gmt":"2022-12-08T16:36:28","slug":"jv-sells-dfw-industrial-facility","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/jv-sells-dfw-industrial-facility\/","title":{"rendered":"JV Sells DFW Industrial Facility"},"content":{"rendered":"<p>By IvyLee Rosario<\/p>\n<div id=\"attachment_1004198648\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/11\/Eagle-Park.jpg\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004198648\" data-attachment-id=\"1004198648\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/jv-sells-dfw-industrial-facility\/constructed-industrail-hub-2\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/11\/Eagle-Park.jpg\" data-orig-size=\"400,310\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;constructed industrail hub-2&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;constructed industrail hub-2&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Eagle Park 20\/35&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/11\/Eagle-Park.jpg?w=400\" class=\"wp-image-1004198648 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/11\/Eagle-Park.jpg\" alt=\"Eagle Park 20\/35\" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/11\/Eagle-Park.jpg 400w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/11\/Eagle-Park.jpg?resize=300,233 300w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004198648\" class=\"wp-caption-text\">Eagle Park 20\/35, DeSoto, Texas<\/p><\/div>\n<p>A joint venture between Ridgeline Property Group and Stockbridge Capital Group disposed of Eagle Park 20\/35, a <a href=\"https:\/\/www.commercialsearch.com\/news\/stream-tapped-to-lease-dallas-area-industrial-facility\/\">logistical center in DeSoto<\/a>, Texas, to Morgan Stanley.\u00a0JLL&#8217;s Dustin Volz and John Huguenard represented both parties in the transaction.<\/p>\n<p>Located at 1240 East Centre Park Blvd., the 454,408-square-foot industrial property is situated on 29.5 acres. The building features 213 parking spaces, 32-foot clear heights, six-inch floor thickness, insulated ceilings, a mezzanine level, 50-foot by 54-foot column spacing, ESFR fire sprinklers, climate control, cross docks, dock leveler, dock bumpers and 185-foot truck court, according to Yardi Matrix. Eagle Park 20\/35 is a recently constructed Class A distribution facility, centrally located 15 minutes from downtown Dallas and adjacent to interstates 20 and 35.\u00a0<\/p>\n<p><em>&#8220;Eagle Park 20\/35 is located in one of the nation&#8217;s most active submarkets,&#8221;<\/em> said Volz, in a prepared statement. <em>&#8220;DFW&#8217;s continued economic and population growth makes this asset a tremendous value. Additionally, the accessibility to the major interstate systems and its strategic placement within the region has the building positioned for substantial long-term upside.&#8221;<\/em><\/p>\n<p><em>Image courtesy of JLL\u00a0<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>JLL represented the sellers, a joint venture between Ridgeline Property Group and Stockbridge Capital Group, and the buyer, Morgan Stanley. Eagle Park 20\/35 is a recently constructed Class A distribution facility, centrally located 15 minutes from downtown Dallas. <\/p>\n","protected":false},"author":746,"featured_media":1004198648,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1586,21743,21748,21742],"tags":[32796,37623,35708],"class_list":["post-1004198646","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-dallas","category-deals","category-industrial","category-latest","tag-jll","tag-ridgeline-property-group","tag-stockbridge-capital-group"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>JV Sells DFW Industrial Facility - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/jv-sells-dfw-industrial-facility\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"JV Sells DFW Industrial Facility\" \/>\n<meta property=\"og:description\" content=\"JLL represented the sellers, a joint venture between Ridgeline Property Group and Stockbridge Capital Group, and the buyer, Morgan Stanley. 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