{"id":1004671169,"date":"2023-07-07T13:02:51","date_gmt":"2023-07-07T21:02:51","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004671169"},"modified":"2023-07-10T00:39:57","modified_gmt":"2023-07-10T08:39:57","slug":"eqt-exeter-picks-up-905-ksf-industrial-asset-in-dfw","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/eqt-exeter-picks-up-905-ksf-industrial-asset-in-dfw\/","title":{"rendered":"EQT Exeter Picks Up 905 KSF Industrial Asset in DFW"},"content":{"rendered":"
\"Fornei<\/a>

Forney Logistics Crossing. Image courtesy of Newmark<\/em><\/p><\/div>\n

Stillwater Capital<\/strong> and Grandview Partners<\/strong> have sold Forney Logistics Crossing, a 904,495-square-foot Class A industrial asset in Forney, Texas, to Pennsylvania-based EQT Exeter<\/strong>. Newmark<\/strong> advised the sellers. The purchase price could not immediately be learned.<\/p>\n

Located at 11333 County Road 212, Forney Logistics Crossing is located within the Dallas-Fort Worth market. A single-story, cross-dock building, the property features 40-foot clear heights, 336 vehicle parking spots, 161 dock doors and 198 trailer parking spots that are expandable up to 154 spots. Construction on the project began in 2021, backed by a $34.9 million financing from Hancock Whitney Bank<\/strong>, CommercialEdge data shows. The property is fully occupied by trucking company Knight-Swift<\/strong>.<\/p>\n

\n

READ ALSO<\/strong>: Expanding Into Industrial: Diversifying for Long-Term Success<\/a><\/p>\n

\n

Completed in early 2023, the industrial asset is situated on a 42-acre lot, providing easy access to interstates 35 East, 20 and 45. The site is located 24 miles from Garland, Texas, 25 miles from downtown Dallas and within 46 miles of Dallas-Fort Worth International Airport.<\/p>\n

The Newmark team advising the sellers comprised Transaction Manager Caroline Wilson, Senior Managing Director Dom Espinosa, Vice Chairmen Stephen Bailey and Dustin Volz, Managing Director Zach Riebe and Associates Taylor Hare and Chloie Mercer.<\/p>\n

Industrial-heavy metroplex<\/h2>\n

According to a recent CommercialEdge report<\/a>, metro Dallas-Fort Worth leads Southern markets in terms of construction. Almost 54 million square feet was under construction in the area as of May, while sales volumes in the metro totaled $590 million year-to-date, with properties trading at an average of $108 per square foot.<\/p>\n

Earlier in April, Westcore Properties added 485,000 square feet of industrial space<\/a> to its Texas portfolio with the acquisition of North Quarter 35 in Fort Worth, Texas. The three-building, Class A asset represented the company’s first Fort Worth asset.<\/p>\n","protected":false},"excerpt":{"rendered":"

Knight-Swift fully occupies the Class A facility.<\/p>\n","protected":false},"author":2991,"featured_media":1004671173,"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":[51502,50164,50999,52028],"class_list":["post-1004671169","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-dallas","category-industrial","category-investment","category-latest","category-southwest","tag-eqt-exeter","tag-grandview","tag-newmark","tag-stillwater-capital"],"acf":[],"yoast_head":"\nEQT Exeter Picks Up 905 KSF Industrial Asset in DFW - Commercial Property Executive<\/title>\n<meta name=\"description\" content=\"EQT Exeter has purchased a 904,495-square-foot Class A industrial asset in Forney, Texas, within the Dallas-Fort Worth metro.\" \/>\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\/eqt-exeter-picks-up-905-ksf-industrial-asset-in-dfw\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EQT Exeter Picks Up 905 KSF Industrial Asset in DFW\" \/>\n<meta property=\"og:description\" content=\"EQT Exeter has purchased a 904,495-square-foot Class A industrial asset in Forney, Texas, within the Dallas-Fort Worth metro.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/eqt-exeter-picks-up-905-ksf-industrial-asset-in-dfw\/\" \/>\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=\"2023-07-07T21:02:51+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-07-10T08:39:57+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/07\/Forney-Logistics-Crossing_2023-07-06-165853_okcc-e1688725585431.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"655\" \/>\n\t<meta property=\"og:image:height\" content=\"492\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Simona Tudose\" \/>\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\/eqt-exeter-picks-up-905-ksf-industrial-asset-in-dfw\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/eqt-exeter-picks-up-905-ksf-industrial-asset-in-dfw\/\",\"name\":\"EQT Exeter Picks Up 905 KSF Industrial Asset in DFW - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/eqt-exeter-picks-up-905-ksf-industrial-asset-in-dfw\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/eqt-exeter-picks-up-905-ksf-industrial-asset-in-dfw\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/07\/Forney-Logistics-Crossing_2023-07-06-165853_okcc-e1688725585431.jpg\",\"datePublished\":\"2023-07-07T21:02:51+00:00\",\"dateModified\":\"2023-07-10T08:39:57+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/4659e2337f06b61cefc6b0b897d183a4\"},\"description\":\"EQT Exeter has purchased a 904,495-square-foot Class A industrial asset in Forney, Texas, within the Dallas-Fort Worth metro.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/eqt-exeter-picks-up-905-ksf-industrial-asset-in-dfw\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/eqt-exeter-picks-up-905-ksf-industrial-asset-in-dfw\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/eqt-exeter-picks-up-905-ksf-industrial-asset-in-dfw\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/07\/Forney-Logistics-Crossing_2023-07-06-165853_okcc-e1688725585431.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/07\/Forney-Logistics-Crossing_2023-07-06-165853_okcc-e1688725585431.jpg\",\"width\":655,\"height\":492,\"caption\":\"Fornei Logistics Crossing. Image courtesy of\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/eqt-exeter-picks-up-905-ksf-industrial-asset-in-dfw\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialsearch.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"EQT Exeter Picks Up 905 KSF Industrial Asset in DFW\"}]},{\"@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\/4659e2337f06b61cefc6b0b897d183a4\",\"name\":\"Simona Tudose\",\"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\/2023\/02\/SimonaTudose_AuthorPhoto.jpg?w=79\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/02\/SimonaTudose_AuthorPhoto.jpg?w=79\",\"caption\":\"Simona Tudose\"},\"description\":\"Simona Tudose is an Associate Editor with Commercial Property Executive and Multi-Housing News. She joined the CPE-MHN team in July 2022 and writes news about industrial, office and manufactured housing sectors. You can reach out to her at simona.tudose@cpe-mhn.com.\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/author\/simona-tudose\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"EQT Exeter Picks Up 905 KSF Industrial Asset in DFW - Commercial Property Executive","description":"EQT Exeter has purchased a 904,495-square-foot Class A industrial asset in Forney, Texas, within the Dallas-Fort Worth metro.","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\/eqt-exeter-picks-up-905-ksf-industrial-asset-in-dfw\/","og_locale":"en_US","og_type":"article","og_title":"EQT Exeter Picks Up 905 KSF Industrial Asset in DFW","og_description":"EQT Exeter has purchased a 904,495-square-foot Class A industrial asset in Forney, Texas, within the Dallas-Fort Worth metro.","og_url":"https:\/\/www.commercialsearch.com\/news\/eqt-exeter-picks-up-905-ksf-industrial-asset-in-dfw\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2023-07-07T21:02:51+00:00","article_modified_time":"2023-07-10T08:39:57+00:00","og_image":[{"width":655,"height":492,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/07\/Forney-Logistics-Crossing_2023-07-06-165853_okcc-e1688725585431.jpg","type":"image\/jpeg"}],"author":"Simona Tudose","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\/eqt-exeter-picks-up-905-ksf-industrial-asset-in-dfw\/","url":"https:\/\/www.commercialsearch.com\/news\/eqt-exeter-picks-up-905-ksf-industrial-asset-in-dfw\/","name":"EQT Exeter Picks Up 905 KSF Industrial Asset in DFW - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/eqt-exeter-picks-up-905-ksf-industrial-asset-in-dfw\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/eqt-exeter-picks-up-905-ksf-industrial-asset-in-dfw\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/07\/Forney-Logistics-Crossing_2023-07-06-165853_okcc-e1688725585431.jpg","datePublished":"2023-07-07T21:02:51+00:00","dateModified":"2023-07-10T08:39:57+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/4659e2337f06b61cefc6b0b897d183a4"},"description":"EQT Exeter has purchased a 904,495-square-foot Class A industrial asset in Forney, Texas, within the Dallas-Fort Worth metro.","breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/eqt-exeter-picks-up-905-ksf-industrial-asset-in-dfw\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/eqt-exeter-picks-up-905-ksf-industrial-asset-in-dfw\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/eqt-exeter-picks-up-905-ksf-industrial-asset-in-dfw\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/07\/Forney-Logistics-Crossing_2023-07-06-165853_okcc-e1688725585431.jpg","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/07\/Forney-Logistics-Crossing_2023-07-06-165853_okcc-e1688725585431.jpg","width":655,"height":492,"caption":"Fornei Logistics Crossing. Image courtesy of"},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/eqt-exeter-picks-up-905-ksf-industrial-asset-in-dfw\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"EQT Exeter Picks Up 905 KSF Industrial Asset in DFW"}]},{"@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\/4659e2337f06b61cefc6b0b897d183a4","name":"Simona Tudose","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\/2023\/02\/SimonaTudose_AuthorPhoto.jpg?w=79","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/02\/SimonaTudose_AuthorPhoto.jpg?w=79","caption":"Simona Tudose"},"description":"Simona Tudose is an Associate Editor with Commercial Property Executive and Multi-Housing News. She joined the CPE-MHN team in July 2022 and writes news about industrial, office and manufactured housing sectors. You can reach out to her at simona.tudose@cpe-mhn.com.","url":"https:\/\/www.commercialsearch.com\/news\/author\/simona-tudose\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/07\/Forney-Logistics-Crossing_2023-07-06-165853_okcc-e1688725585431.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004671169","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\/2991"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004671169"}],"version-history":[{"count":6,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004671169\/revisions"}],"predecessor-version":[{"id":1004671338,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004671169\/revisions\/1004671338"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004671173"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004671169"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004671169"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004671169"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}