JLL Capital Markets recently announced it has closed the sale of Everman Crossroads in Fort Worth, a 954,610-square-foot, two-building industrial distribution center located in one of Dallas–Fort Worth’s best-performing industrial submarkets.
JLL marketed the property on behalf of the seller, a partnership between Bandera Ventures and Invesco Real Estate, a global real estate investment manager. MDH Partners acquired the asset as part of its ongoing strategy to increase its Texas footprint.
The two buildings were completed in November 2021 and feature best-in-class construction quality and design that tenants desire. Everman Crossroads is 32 percent leased, with building one fully leased to Purina, while building two was sold vacant. Building one totals 310,292 square feet and offers a 36-foot clear height, 88 dock doors, 109 trailer spaces and 172 parking spaces. Building two totals 644,318 square feet, with a clear height of 40 feet, 142 dock doors, 182 traile