ARLINGTON, TX-Tennessee-based Dominion Enterprises has sold a vacant office/warehouse in the Great Southwest Industrial District to Duratile Natural Stone LLC, a nearby tenant who latched onto an opportunity to own and expand in its longtime neighborhood.

The property, a 36,006 square-foot structure on 2.08 acres, fits the sweet spot of the spate of sales in the Great Southwest, where the availability of smaller single-tenant buildings is rapidly dwindling, says

Joe Santaularia, market director of Bradford Commercial Real Estate Services.

“There are a lot of these buildings getting scooped up in this cycle," says Santaularia. "For this property, the dealmakers were size, HVAC in the warehouse and its location right off Interstate 30."

Duratile is planning to expand the 5,900-square-foot office/showroom space at the property. It plans to have the new shop ready to open in two months so that it can relocate from its current 20,000-square-foot location.

The asset, located at 925 111th St., has been empty nearly two years due largely to city-related obstacles in expanding the 40-space parking lot. The structure, developed in 1965, features 16-foot clear heights, heavy power, three dock-high doors and two dock doors with levelers.

The seller's marketing team consisted of Santaularia, his father Kevin Santaularia, president and CEO of Dallas-based Bradford, and Michael Spain, senior vice president and managing partner. The local buyer was represented by Michael Stanzel of NAI Robert Lynn Co.

 

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David Phillips

David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.