AvionBusiness Center is located north of Belt Line Road between I-35 andDallas North Tollway.
DALLAS—Texas-based real estate investment firm Fort Capital hasexpanded its industrial property portfolio with the acquisition ofthree class-B industrial/flex properties: Commerce Business Parkand 4040 W. Royal Lane in Irving, and Avion Business Center inCarrollton. The properties total nearly 350,000 square feet.
"These assets offered Fort Capital the opportunity to acquireinvestments in two high-growth highly active submarkets of DFW,"said Hunter Harrison, vice president of investments with FortCapital. "Due to the lack of new supply in these areas paired witha high demand, we believe well-located flex products like CommerceBusiness Park, 4040 W. Royal Lane and Avion Business Center will bean increasingly attractive and cost-effective alternative."
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Lisa Brown
Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.
