Invesco Real Estate sells premier Dallas–Fort Worth industrial park

Invesco Real Estate and Perot Development Co. has sold DFW Park 161, a fully leased class A++ industrial park comprising three state-of-the-art buildings totaling 1 million square feet in a last-mile distribution location at Dallas–Fort Worth International Airport within the city of Irving, Texas.

The financial terms were not disclosed; however, BentallGreenOak acquired the asset on behalf of an institutional investor.

DFW Park 161 is one of Dallas–Fort Worth’s premier business parks due to its best-in-class construction and distribution location. The fully leased property offers its four diverse tenants highly functional features and amenities, including clear heights ranging from 32–36 feet, 227 dock-high doors, eight drive-in doors, low office finish, ESFR fire protection, LED lighting, and ample trailer and vehicle parking space.

Spanning more than 91 acres on airport land, the park is located at 3000, 3050 and 3150 State Highway 161 just east of Da