Cushman & Wakefield’s Jim Carpenter, Jud Clements, Robby Rieke, Trevor Berry, Madeleine Supplee, David Eseke and Mark Collins represented Barings in the sale.
Cooper I-20 is located in the Great Southwest industrial submarket and features direct access to I-20, making the property easily accessible for the employment base and the primary trucking distribution routes.
“There was significant interest in the offering due to the premier infill Great Southwest location, Class A building features and strong tenant roster,” said Jud Clements.
Completed in 2020, Cooper I-20 features minimal office finish, 36’ clear height, 92 loading doors, four storefronts with dedicated parking, 46 trailer storage spaces and four points of ingress/egress.
John Alascio, TJ Sullivan and Meredith Donovan of Cushman & Wakefield’s Equity, Debt, and Structured Finance Group arranged acquisition financing on behalf of the buyer.