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Weeks Robinson Enters DFW with 505,000-SF Industrial Buy

ARLINGTON, TX-The Atlanta-based firm acquires Forum 303 Crossing, a two-building industrial complex here.

By Jennifer Duell Popovec | Updated on February 08, 2011

ARLINGTON, TX-Weeks Robinson, an Atlanta-based real estate investment firm, has made its first acquisition in the Metroplex, buying a 505,000-square-foot industrial complex from Panattoni Development Co. The property, Forum 303 Crossing, was 40% occupied at the time of purchase.

The purchase price was undisclosed, but local experts say Weeks Robinson bought the two industrial buildings for less than replacement cost, which would be about $19 million. Weeks Robinson CEO Forrest Robinson tells GlobeSt.com that his firm acquired Forum 303 Crossing in an off-market deal.

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