DALLAS-Within the past four months, New York City-based Clarion Partners has disposed of two industrial assets in Dallas' northeast submarket. In recent weeks, the firm sold the 158,785-square-foot Horizon Business Center to a Southern California Investor. And last May, Clarion Partners sold the 90,364-square-foot Teco Metal Products facility to Brennan Investment Group.

“We are seeing more and more domestic investors acquiring assets in the North Texas market,” says Steve Rowland, senior vice president of industrial services for Transwestern, which negotiated both transactions on behalf of Clarion Partners. “Market-entry buyers are interested in Dallas-Fort Worth and Texas in general due to its favorable business climate, including attractive job growth and right-to-work, business-friendly economy."

Horizon Business Center, built in the late 1980s, consists of three buildings (measuring approximately 23,000 square feet, 42,000 square feet and 97,000 square feet) at 13435, 13445 and 13465 Jupiter Rd. The buildings are 100% occupied. According to the Dallas Central Appraisal District, Clarion Partners owned that property since 2004.