Plans Call for More Industrial Investment in Metro

Dominion Plaza is an office complex that is 83.5% leased.

DALLAS—Although real estate investment and management company, Dalfen America Corp., sold more than $100 million in properties across five states, its focus is Dallas and industrial properties. The assets which total 1.12 million square feet include Dominion Plaza in Dallas, Sharyland II in McAllen, TX, properties in Indianapolis and Tampa, and an industrial portfolio with nine buildings throughout the Carolinas.

“We are primarily focused on industrial. That is the bulk of our business,” Sean Dalfen, president and CIO of Dalfen, tells GlobeSt.com. “With regard to Dominion Plaza, we’d owned that for quite a while because we believed in the city. It wasn’t something we were looking to divest of anytime soon. It was part of our legacy fund, an older vehicle and we lucked out with it. When we made the decision to sell it, we sold it to Peloton, a buyer in partnership with another group, and Peloton is also the leasing broker.”