{"id":1004638722,"date":"2023-01-10T03:06:49","date_gmt":"2023-01-10T11:06:49","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004638722"},"modified":"2023-04-19T02:14:33","modified_gmt":"2023-04-19T10:14:33","slug":"shopoff-realty-buys-dallas-industrial-portfolio","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/shopoff-realty-buys-dallas-industrial-portfolio\/","title":{"rendered":"Shopoff Realty Buys Dallas Industrial Portfolio"},"content":{"rendered":"<div id=\"attachment_1004638787\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/01\/11221-Pagemill-Road-e1673347632837.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004638787\" data-attachment-id=\"1004638787\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/shopoff-realty-buys-dallas-industrial-portfolio\/11221-pagemill-road\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/01\/11221-Pagemill-Road-e1673347632837.jpg\" data-orig-size=\"1000,750\" 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;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;\\u00a9 Yardi Systems, Inc.&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;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"11221 Pagemill Road\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;11221 Pagemill Road&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/01\/11221-Pagemill-Road-e1673347632837.jpg?w=1000\" class=\"wp-image-1004638787 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/01\/11221-Pagemill-Road-e1673347632837.jpg?w=300\" alt=\"\" width=\"300\" height=\"225\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/01\/11221-Pagemill-Road-e1673347632837.jpg 1000w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/01\/11221-Pagemill-Road-e1673347632837.jpg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/01\/11221-Pagemill-Road-e1673347632837.jpg?resize=768,576 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004638787\" class=\"wp-caption-text\">11221 Pagemill Road<\/p><\/div>\n<p><strong>CanTex Capital<\/strong> has sold five industrial properties totaling 689,497 square feet in the East Dallas submarket, with the assistance of <strong>JLL<\/strong>. Public records show <strong>Shopoff Realty Investments<\/strong> acquired the fully leased portfolio in separate transactions, financing the purchases with notes totaling $67.6 million from <strong>Mavik Capital Management<\/strong>.<\/p>\n<p>The Class B, shallow bay facilities include:<\/p>\n<ul>\n<li>11221 Pagemill Road in Dallas, a 80,041-square-foot property that was completed in 1980, according to CommercialEdge data. The manufacturing facility is fully occupied by Airflow Systems.<\/li>\n<li>11333 Pagemill Road in Dallas. The sole tenant of this 127,725-square-foot manufacturing building, completed in 1978, is Adco Industries.<\/li>\n<li>2917 Oakland Ave. in Garland, Texas. Built in 1970, the industrial property comprises&nbsp;123,800 square feet across two buildings.<\/li>\n<li>1515 Big Town Blvd. in Mesquite, Texas. The 215,271-square-foot asset came online in 1980 and&nbsp;is occupied by ProLift Rigging for warehouse and distribution purposes.<\/li>\n<li>3914-3920 U.S. Highway 80, also in Mesquite.<\/li>\n<\/ul>\n<p>The warehouses feature 18- to 30-foot clear heights and varying loading types, as well as trailer and car parking. Across some 47.4 acres total, the properties are close to Dallas-Fort Worth&#8217;s primary commercial hubs and main highways.<\/p>\n<p><strong>JLL Capital Markets<\/strong>&#8216; Investment Sales advisory team led by Senior Managing Directors Stephen Bailey and Dustin Volz<strong>, <\/strong>along with Directors Dom Espinosa and Zach Riebe and Analyst Pauli Kerr, represented the seller.&nbsp;Volz, Bailey, Espinosa and Reibe were also part of the team that recently arranged the sale of a <a href=\"https:\/\/www.commercialsearch.com\/news\/cbre-investment-management-buys-dallas-area-industrial-park\/\">two-building, 540,324-square-foot campus<\/a> in Fort Worth, Texas.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mavik Capital Management provided more than $67 million in acquisition financing.<\/p>\n","protected":false},"author":3006,"featured_media":1004638787,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1586,21748,21783,21742,51973],"tags":[32796,33397],"class_list":["post-1004638722","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-dallas","category-industrial","category-investment","category-latest","category-southwest","tag-jll","tag-shopoff-realty-investments"],"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>Shopoff Realty Buys Dallas Industrial Portfolio - CPE<\/title>\n<meta name=\"description\" content=\"Shopoff Realty Investments acquired five industrial properties totaling 689,497 square feet in the East Dallas submarket from CanTex Capital.\" \/>\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\/shopoff-realty-buys-dallas-industrial-portfolio\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Shopoff Realty Buys Dallas Industrial Portfolio\" \/>\n<meta property=\"og:description\" content=\"Shopoff Realty Investments acquired five industrial properties totaling 689,497 square feet in the East Dallas submarket from CanTex Capital.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/shopoff-realty-buys-dallas-industrial-portfolio\/\" \/>\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=\"2023-01-10T11:06:49+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-04-19T10:14:33+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/01\/11221-Pagemill-Road-e1673347632837.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"750\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Jordana Rothberg\" \/>\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\/shopoff-realty-buys-dallas-industrial-portfolio\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/shopoff-realty-buys-dallas-industrial-portfolio\/\",\"name\":\"Shopoff Realty Buys Dallas Industrial Portfolio - CPE\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/shopoff-realty-buys-dallas-industrial-portfolio\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/shopoff-realty-buys-dallas-industrial-portfolio\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/01\/11221-Pagemill-Road-e1673347632837.jpg\",\"datePublished\":\"2023-01-10T11:06:49+00:00\",\"dateModified\":\"2023-04-19T10:14:33+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/366883c93fc1efde412301ab6a4570f9\"},\"description\":\"Shopoff Realty Investments acquired five industrial properties totaling 689,497 square feet in the East Dallas submarket from CanTex Capital.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/shopoff-realty-buys-dallas-industrial-portfolio\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/shopoff-realty-buys-dallas-industrial-portfolio\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/shopoff-realty-buys-dallas-industrial-portfolio\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/01\/11221-Pagemill-Road-e1673347632837.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/01\/11221-Pagemill-Road-e1673347632837.jpg\",\"width\":1000,\"height\":750,\"caption\":\"11221 Pagemill Road\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/shopoff-realty-buys-dallas-industrial-portfolio\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialsearch.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Shopoff Realty Buys Dallas Industrial Portfolio\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/366883c93fc1efde412301ab6a4570f9\",\"name\":\"Jordana Rothberg\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/09\/Professional-Pic.jpg?w=96\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/09\/Professional-Pic.jpg?w=96\",\"caption\":\"Jordana Rothberg\"},\"description\":\"Jordana is an Associate Editor with a background in journalism, copywriting, and real estate property management. Before joining the Yardi team, Jordana worked for a start-up. She also managed development progress on Colorado properties for the Aspen Building Company.\",\"sameAs\":[\"https:\/\/www.linkedin.com\/in\/jordana-rothberg-003a06177\/\"],\"url\":\"https:\/\/www.commercialsearch.com\/news\/author\/jordana-rothberg\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Shopoff Realty Buys Dallas Industrial Portfolio - CPE","description":"Shopoff Realty Investments acquired five industrial properties totaling 689,497 square feet in the East Dallas submarket from CanTex Capital.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/shopoff-realty-buys-dallas-industrial-portfolio\/","og_locale":"en_US","og_type":"article","og_title":"Shopoff Realty Buys Dallas Industrial Portfolio","og_description":"Shopoff Realty Investments acquired five industrial properties totaling 689,497 square feet in the East Dallas submarket from CanTex Capital.","og_url":"https:\/\/www.commercialsearch.com\/news\/shopoff-realty-buys-dallas-industrial-portfolio\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2023-01-10T11:06:49+00:00","article_modified_time":"2023-04-19T10:14:33+00:00","og_image":[{"width":1000,"height":750,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/01\/11221-Pagemill-Road-e1673347632837.jpg","type":"image\/jpeg"}],"author":"Jordana Rothberg","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/shopoff-realty-buys-dallas-industrial-portfolio\/","url":"https:\/\/www.commercialsearch.com\/news\/shopoff-realty-buys-dallas-industrial-portfolio\/","name":"Shopoff Realty Buys Dallas Industrial Portfolio - CPE","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/shopoff-realty-buys-dallas-industrial-portfolio\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/shopoff-realty-buys-dallas-industrial-portfolio\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/01\/11221-Pagemill-Road-e1673347632837.jpg","datePublished":"2023-01-10T11:06:49+00:00","dateModified":"2023-04-19T10:14:33+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/366883c93fc1efde412301ab6a4570f9"},"description":"Shopoff Realty Investments acquired five industrial properties totaling 689,497 square feet in the East Dallas submarket from CanTex Capital.","breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/shopoff-realty-buys-dallas-industrial-portfolio\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/shopoff-realty-buys-dallas-industrial-portfolio\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/shopoff-realty-buys-dallas-industrial-portfolio\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/01\/11221-Pagemill-Road-e1673347632837.jpg","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/01\/11221-Pagemill-Road-e1673347632837.jpg","width":1000,"height":750,"caption":"11221 Pagemill Road"},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/shopoff-realty-buys-dallas-industrial-portfolio\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"Shopoff Realty Buys Dallas Industrial Portfolio"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/366883c93fc1efde412301ab6a4570f9","name":"Jordana Rothberg","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/09\/Professional-Pic.jpg?w=96","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/09\/Professional-Pic.jpg?w=96","caption":"Jordana Rothberg"},"description":"Jordana is an Associate Editor with a background in journalism, copywriting, and real estate property management. Before joining the Yardi team, Jordana worked for a start-up. She also managed development progress on Colorado properties for the Aspen Building Company.","sameAs":["https:\/\/www.linkedin.com\/in\/jordana-rothberg-003a06177\/"],"url":"https:\/\/www.commercialsearch.com\/news\/author\/jordana-rothberg\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/01\/11221-Pagemill-Road-e1673347632837.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004638722","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/3006"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004638722"}],"version-history":[{"count":10,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004638722\/revisions"}],"predecessor-version":[{"id":1004638833,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004638722\/revisions\/1004638833"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004638787"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004638722"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004638722"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004638722"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}