DALLAS-DCT Industrial has struck an off-market deal with Clarion Partners for possession of a 271,000-square-foot, rail-served building in what’s sometimes known as the Turnpike submarket just west of Dallas’ CBD. The transaction is the industrial REIT’s third in the DFW in less than a year.

The building at 3801 La Reunion Pkwy. is 89% leased, and was at one point part of a larger portfolio Clarion was offering on the market. According to Art Barkley, DCT’s regional vice president and market leader for Dallas, this particular buy in this particular submarket made a lot of sense for a variety of reasons.

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