A Coppell industrial complex is being purchased by a Colorado-based real estate investment trust.
Industrial Income Trust Inc. is buying six buildings in the Vista Point business park on State Highway 121. The buildings are being purchased for $23.1 million from developer Jackson-Shaw, Industrial Income Trust said in financial filings.
The buildings contain more than 200,000 square feet, and the sale is expected to close in the second quarter. The project is more than 80 percent leased.
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