DALLAS, TX—Valwood Crossroads, a brand new, class A, state-of-the-art, fully leased, two-building industrial park totaling 618,052 square feet in the Dallas-Fort Worth community of Carrollton, TX, has changed hands. Denver-based Black Creek Group purchased the asset from Core5 Industrial Partners, which developed the property in 2019.
JLL marketed the property on behalf of the seller. The JLL Capital Markets was led by director Stephen Bailey and managing director Dustin Volz.
Valwood Crossroads features both cross-dock and rear-load buildings, clear heights ranging from 32 to 36 feet, 138 dock-high doors, six drive-in doors, deep truck courts, ESFR sprinkler systems and low office finish. Both buildings are fully leased to Smith System Manufacturing Co., a Texas-based furniture manufacturer that serves the K-12 school furniture market across the country.
Situated on 34.26 acres at 1050 and 1150 Luna Rd., Valwood Crossroads is positioned at the northeast intersection of Belt Line Road and President George Bush Turnpike, which is a coveted last-mile location within the Valwood Industrial submarket, one of the tightest industrial submarkets in the DFW region.
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Natalie Dolce
Natalie Dolce, editor-in-chief of GlobeSt.com, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.
