10.98 Acre Yard Buy Signals IOV’s Further Expansion In Dallas/Fort Worth
Dallas, TX (October 4, 2022)—Industrial Outdoor Ventures has expanded its presence in the Dallas/Fort Worth marketplace with another acquisition, the 10.98-acre ISF at 3500 Valley View Lane, Irving, TX which represents a prime in-fill location. The Seller was a private investor, and the terms of the transaction were not disclosed.
IOV’s sixth asset in DFW, features a 4,534-square-foot maintenance shop with three drive-thru service bays, and a 2,390-square-foot office building on the premises.
“We continue to explore and execute on acquisition opportunities throughout the marketplace,” said Eric Johnson, Senior Vice President, Industrial Outdoor Ventures. “Like our other assets in Dallas, 3500 Valley View Lane is a high-quality facility in a prominent location. Just two miles from DFW Airport, we expect this site to generate incredible demand.”
The asset is currently fully occupied on a short-term seller lease back and will be available for lease in early 2023. The ISF is ideally suited for an equipment rental/maintenance facility or laydown/storage yard for building and related materials.
Davidson Bogel Real Estate will be marketing the property for lease.
ERIC JOHNSON
Senior Vice President, Development & Acquisitions
Phone: 312.898.2978
Email: eric@iovre.com
ANTHONY DELAURENTIS
Acquisitions Officer
Phone: 847.595.0263
Email: anthony@iovre.com