Birtcher Anderson & Davis Associates and Belay Investment Group sell the 97,840-square-foot Lindbergh industrial property near Dallas for an undisclosed amount.
Birtcher Anderson & Davis Associates and Belay Investment Group have finalized the sale of Lindbergh, a multi-tenant industrial asset spanning approximately 97,840 square feet. The property is situated at 4301–4321 Lindbergh Drive, positioned adjacent to the Addison Airport in the Dallas–Fort Worth market. CBRE National Partners’ Eliza Bechhuber directed the marketing efforts for the transaction.
In broader industry moves, Cove Capital Investments has fully subscribed its Cove Ponder Small Bay Industrial 101 DST, raising $18,695,430 in equity. Meanwhile, Suffolk has appointed Emery Molnar as COO of its West Coast Aviation division, and Cushman & Wakefield has added Troy Kay as a senior director specializing in tenant representation.
Provident Industrial acquires the 1.5 million-square-foot Commerce 45 industrial park in Hutchins, while Haven Housing adds the 309-unit Hays Park Apartments to its portfolio in Kyle.
Aeon Industrial plans an $8.5 million, 48,000-square-foot headquarters and manufacturing facility in Cedar Park, creating at least 135 new jobs.
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