DALLAS--Ridgeline Property Group (RPG) and its capital partner Stockbridge Capital Group have purchased a 29.5-acre parcel in the South Dallas industrial submarket that will be the site of a 453,600-square-foot distribution facility.
Eagle Park 2035, named for its location at the intersection of I-20 and I-35, will begin construction next month, and is scheduled to deliver in first-quarter 2016.
RPG and Stockbridge Capital Group purchased the site, located within Eagle Business and Industrial Park, from Danieldale/35E No. 2 Ltd. The purchase price was not disclosed. JLL executive vice president Kurt Griffin and senior vice president Nathan Orbin represented the buyer and seller in the transaction, and have been selected to market Eagle Park 2035 for lease.
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