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Cushman & Wakefield’s National Industrial Advisory Arranges Sale of 848,261 SF Dallas-Fort Worth Industrial Portfolio

Bailey Webb • 5/31/2024

DALLAS, May 31, 2024 – Cushman & Wakefield announced the commercial real estate services firm has arranged the disposition of the Plano Industrial Portfolio, which includes eight buildings totaling 846,261 square feet, to DRA Advisors.

Cushman & Wakefield’s Jim Carpenter, Jud Clements, Robby Rieke, Madeleine Supplee and Trevor Berry represented the seller.

The portfolio is located immediately northeast of the U.S. Highway 75/President George Bush Turnpike interchange in Plano, Texas, and is 100% leased to 15 tenants whose average tenure is 10 years, highlighting the key location and functionality of the buildings.

“With its premier infill location, this portfolio offers critical mass and significant barriers to entry in the coveted Plano industrial market,” said Jud Clements. “The Portfolio is fully leased to a diverse group of quality tenants and also provides the opportunity to grow cash flow and capture near-term NOI growth through consistent mark-to-market opportunities.”

Buildings in the Plano Industrial Portfolio include:

  • 2700 Summit Avenue, a 120,276 square foot property
  • 2701East Plano Parkway, a 53,833 square foot property
  • 2801 East Plano Parkway, a 65,135 square foot property
  • 3101 Summit Avenue, a 140,593 square foot property
  • 3301 East Plano Parkway, a 70,880 square foot property
  • 3501 East Plano Parkway, an 82,880 square foot property
  • 1100 Klein Road, a 104,104 square foot property
  • 3601 East Plano Parkway, a 210,560 square foot property

About Cushman & Wakefield

Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for property owners and occupiers with approximately 52,000 employees in nearly 400 offices and 60 countries. In 2023, the firm reported revenue of $9.5 billion across its core services of property, facilities and project management, leasing, capital markets, and valuation and other services. It also receives numerous industry and business accolades for its award-winning culture and commitment to Diversity, Equity and Inclusion (DEI), sustainability and more. For additional information, visit

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