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Philadelphia investor acquires light-industrial park in Dallas
Transactions - JUNE 3, 2021

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Philadelphia investor acquires light-industrial park in Dallas

by Released

MoxieBridge has sold Stoneridge Business Park, a three-building light-industrial park totaling 171,025 square feet in Dallas.

Arden Group acquired the asset for an undisclosed amount.

Stoneridge Business Park comprises the buildings at 2550 Beckleymeade Ave., and 9050 and 9110 Autobahn Dr., within the infill South Dallas Industrial submarket. The park is located just off of Interstate 20 with immediate access to Interstate 35E, State Highway 67 and Interstate 45, providing direct connectivity to the metro’s primary transportation arteries and excellent access to a large highly skilled labor pool.

Constructed in 1987, Stoneridge Business Park features clear heights ranging from 18 feet to 20 feet, 24 dock-high doors, seven drive-in doors, 58 percent office finish and ample parking. The park is 83.3 percent leased to 15 tenants.

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