Coppell industrial complex is changing hands

Posted on May 30, 2011 by

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.

Read remainder of the story at Dallas Morning News

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About Bob Voelker

Head of the Munsch Hardt (Dallas law firm) Hospitality & Mixed Use Development Group, and former developer of affordable housing. I'm i
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