Northpark Industrial

Built in 1978, this single-building, multi-tenant property is located in a desirable area off I-35 near downtown Fort Worth and 5 minutes from the Fort Worth Stockyards. The 96,400 square foot asset is configured with overall office finish of 5%, featuring a rectangular configuration, front park, front-load, 22′ clear height and 16 loading dock doors. The property includes additional trailer parking to accommodate approximately 15 trucks.

We acquired this property at a steep discount in 2012 due to its low occupancy level. Since then, we have completed significant improvements to the property to enhance its marketability including: Exterior: painting, lighting, re-striping of parking lot, replacement or renewal of overhead doors, new dock bumpers; and Interior: painting and carpeting of vacant spaces, as well as maintenance items as required throughout.

We sold the property in 2015 after implementing aggressive leasing programs to increase occupancy.