Johnson Properties Ltd. bought the nine-acre holding at 3341 E.Loop 820 from Klabzuba Oil & Gas Inc. of Fort Worth. Thewarehouse came with two tenants, Miramar Designs and CraftmarkProducts, both committed for the long term. The buyer's broker,Greg Morris, with Dunn Commercial LP in Arlington, also ended upwith the leasing assignment, which puts the open industrial spaceon the market at $2.99 per sf gross.

Shortly after the freeway-fronting property came to market,Johnson Properties placed the winning contract. "Because Texas issuch a good market for investment, he's constantly expanding hisportfolio and actively seeking more," Morris says, tellingGlobeSt.com that the next deal to close will be a land purchase inMansfield.

J. Searcy of Kelly, Geren & Searcy of Fort Worth representeda seller ending a six-year hold of a 26-year-old building. TarrantCounty assesses the holding at $1.2 million.