{"id":1004548047,"date":"2021-01-28T05:24:00","date_gmt":"2021-01-28T13:24:00","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004548047"},"modified":"2022-12-07T20:32:32","modified_gmt":"2022-12-08T04:32:32","slug":"stream-realty-brokers-sale-of-dallas-area-industrial-facility","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/stream-realty-brokers-sale-of-dallas-area-industrial-facility\/","title":{"rendered":"Stream Realty Brokers Sale of Dallas-Area Industrial Facility"},"content":{"rendered":"
\"\"<\/a>

2917 Oakland St. Rendering courtesy of Stream Realty<\/p><\/div>\n

CanTex Capital, a Dallas-based real estate investment firm, has acquired\u00a0a 123,800-square-foot industrial property in the Metroplex. Stream Realty Partners represented the buyer, while Alt+Co assisted the seller, Carroll Co.<\/p>\n

Built in 1960, the facility features 28-foot clear heights and 173 parking spaces. The new owner plans to invest in capital improvements at the property.<\/p>\n

Stream also arranged a full-building lease with Hill & Smith. The international infrastructure company is set to move in at the end of the first quarter. Stream Vice President Eric Crutchfield represented the tenant.<\/p>\n

Located at 2917 Oakland St. in the Garland submarket, the property is just off Interstate 635.\u00a0CanTex also owns 2900 W. Kingsley Road, an adjacent 162,000-square-foot warehouse. Both assets are within 12 miles of Dallas Love Field Airport and 11 miles of the metro’s downtown\u2014which saw the closing of one of the largest transactions in the Dallas-Fort Worth metropolitan area in the final quarter of 2020, according to a Cushman & Wakefield market report. In November,\u00a0Westmount Realty Capital and a DRA Advisors-managed fund sold a 1.1 million-square-foot cold storage facility<\/a> located\u00a0alongside Interstate 635.<\/p>\n

Stream Vice Presidents Adam Jones and James Mantzuranis assisted CanTex in the purchase and lease transaction. Alt+Co’s team included Vice President Hal Penchan and Senior Associate Matt Troutt. Earlier this month, Stream represented the seller of\u00a0a\u00a0104,427-square-foot office property<\/a> in West Dallas.<\/p>\n

The Metroplex’s industrial market remained fairly active throughout 2020, with demand largely driven by the e-commerce boom as well as strong fundamentals\u2014despite pandemic-induced logistical hurdles, such as conducting in-person meetings or getting appraisers to properties. According to CommercialEdge, the market’s total industrial sales volume in 2020 reached $1 billion.<\/div>\n","protected":false},"excerpt":{"rendered":"

CanTex Capital acquired\u00a0the 123,800-square-foot property from Carroll Co.<\/p>\n","protected":false},"author":868,"featured_media":1004548048,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1586,21748,21783,21742],"tags":[35880,33358],"class_list":["post-1004548047","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-dallas","category-industrial","category-investment","category-latest","tag-altschuler-and-company","tag-stream-realty-partners"],"acf":[],"yoast_head":"\nStream Realty Brokers Sale of Dallas-Area 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\/stream-realty-brokers-sale-of-dallas-area-industrial-facility\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Stream Realty Brokers Sale of Dallas-Area Industrial Facility\" \/>\n<meta property=\"og:description\" content=\"CanTex Capital acquired\u00a0the 123,800-square-foot property from Carroll Co.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/stream-realty-brokers-sale-of-dallas-area-industrial-facility\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2021-01-28T13:24:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-08T04:32:32+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/08\/2917-Oakland-St.-Rendering-courtesy-of-Stream-Realty.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1461\" \/>\n\t<meta property=\"og:image:height\" content=\"1095\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Sergiu Inizian\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/stream-realty-brokers-sale-of-dallas-area-industrial-facility\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/stream-realty-brokers-sale-of-dallas-area-industrial-facility\/\",\"name\":\"Stream Realty Brokers Sale of Dallas-Area Industrial Facility - 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