Seattle-based Lake Washington Partners acquired the Tradepoint 20/45 property – a recently built warehouse and distribution building on Cleveland Road south...
The newly built Tradepoint 20/45 warehouses is on Cleveland Road near Interstate 20.A Pacific Northwest property investor has grabbed a southern Dallas industrial building just months after the property previously sold.
Now Blumenfeld Development has sold the building for $47 million in a deal handled by Jones Lang LaSalle’s capital markets division. The warehouse’s developer, Champion Partners, is also building a warehouse in Wilmer in partnership with investor Rosewood Properties.And Champion Partners is working on a second almost 1.4 million-square-foot warehouse on North Sunrise Road in Wilmer.
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