Invesco Real Estate JV sells newly completed Dallas-Fort Worth industrial building

A joint venture between Invesco Real Estate and Perot Development Co. has sold DFW Park 161 AMZL, a fully leased class A distribution center totaling 219,000 square feet at the Dallas–Fort Worth International Airport in Irving, Texas.

The financial terms and new owner were not disclosed.

Completed in early 2022, the 250-foot by 875-foot building was built-to-suit for Amazon as a last-mile distribution center. DFW Park 161 AMZL features 9.3 percent office finishes, 32-foot clear height, 17 dock-high doors, 18 drive-in doors, 27 trailer parking spots and 1,440 parking spaces.

DFW Park 161 AMZL is located on 55.768 acres of airport land at 3100 State Highway 161, within the master-planned DFW Park 161, east of Dallas–Fort Worth International Airport and within the DFW Airport Industrial submarket, one of the most desirable industrial submarkets in the region. The property is along State Highway 161, which is one of the area’s main north and south transportati