In Grand Prairie, Transcar, a vehicle shipping service, acquired a 7,800-sf warehouse on about a half acre at 2454 NW Dallas St for $205,000. Seller Commercial Millwork Systems had the property on the market for eight months.
Pete Richardson and Greg Trout, both of Henry S. Miller Commercial in Dallas, represented buyer and seller. Richardson tells GlobeSt.com that Transcar was in the market for several months as a would-be tenant or buyer. The transaction kept Transcar in the Great Southwest Industrial Park as it did the cabinet maker, who moved right around the corner.
The deal facilitated a downsizing for the seller and an expansion for the buyer, who can now store about two dozen vehicles inside the 24-year-old building. Transcar also acquired an abutting 18,000-sf lot for additional parking, Richardson says. Transcar is a private shipper of vehicles and holds a contract to ship for military families.
In neighboring Arlington, Customized Communications bought a 4,500-sf building at 109 W. Randol Mill Rd. from WW Partners. The firm will be relocating from 2020 E. Randol Mill. Theron Bryant of SCM Real Estate in Arlington brokered the terms for the seller while Marcus Finley of Keller Williams Realty represented the buyer.
The North Park Baptist Church secured about 16 acres at the northwest corner of Park Vista Boulevard and Alta Loma Drive in north Fort Worth. A capital campaign has kicked off and architects are being interviewed to design a new church. Jason Miller of Property Advisers Realty Inc. of Irving represented the church, which now is off Rufe Snow Drive. Lester Day of NAI/Stoneleigh Huff Brous McDowell handled talks for the seller, Lazy F. Inc./Quadrant North Tarrant Partners Ltd. The land is zoned multifamily although it had been ranch land, Miller says.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
