FORT WORTH—Dallas-based CanTex Capital recently acquired atwo-building 124,658-square-foot facility at 4901 N. Beach St. Thefirm has started renovations on the rebranded Beach Industrial Parkproperty, which has space for two tenants of 72,000 square feet and52,658 square feet or one tenant with a mix of office and warehousespace.
The location of the property is appealing to tenants due to itshighway access, less than one mile from Interstate 35 and Loop 820.It is also 20 minutes from Dallas-Fort Worth International Airport.Two features of the facility, air conditioning and outside storage,are in high demand in this industrial market.
"We have been looking at acquiring industrial assets in the FortWorth market for the past year and are thrilled that BeachIndustrial Park is our first," said Romit Cheema, CEO of CanTexCapital. "NAI Robert Lynn showed amazing professionalism throughoutthe transaction, so we wanted to continue to work with them tolease the property."
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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.
