DALLAS, December 10, 2024 – Cushman & Wakefield has arranged the sale of Valley View Business Center, a 414,871-square-foot distribution building located at 1401 Valley View Lane in Irving, Texas.
Cushman & Wakefield’s Jim Carpenter, Jud Clements, Robby Rieke and Trevor Berry represented the seller, a fund backed by Brookfield Asset Management, in the sale to Longpoint Partners.
Valley View Business Center is a Class A distribution building located in the Upper Great Southwest submarket that is situated just south of Dallas-Fort Worth International Airport on fee simple land. The Property is 100% leased to two tenants that have occupied the building since 2009, the year of completion.
“Great real estate always generates a high level of investor interest and that was certainly the case here,” said Carpenter, Cushman & Wakefield Vice Chair. “The outstanding asset quality and location combined with tremendous investor interest in the DFW industrial market produced a great result for our client as well as a satisfied buyer.”
Valley View Business Center features 30’ clear height, minimal office finish and four points of ingress/egress with frontage on Valley View Lane.
