JLL Capital Markets has arranged equity and construction financing for DFW Park 161, a class A+ industrial park that will eventually total more than 2.4 million square feet at the Dallas-Fort Worth International Airport in Irving, Texas.
JLL worked on behalf of Perot Development Co. to arrange the partnership with Invesco Real Estate, a global real estate investment manager. Additionally, working on behalf of the partnership, JLL arranged a five-year construction loan.
Situated on 196 acres at 5150 State Hwy 161, the DFW Park 161 site is at the east end of Dallas Fort Worth (DFW) International Airport fronting the President George Bush Turnpike and within the E DFW Airport/Las Colinas submarket. The site also adjoins the Dallas Area Rapid Transit (DART) Orange Line and is directly across the freeway from the DART Belt Line Station. Designed by Halff Associates, DFW Park 161 will consist of a four-building, highly efficient industrial business park. The project will be