CRESCENT PARTNERS ACQUIRES 19,520 SQUARE FOOTAGE INDUSTRIAL BUILDING IN DALLAS, TEXAS
DALLAS, TEXAS, December 22, 2022 – Through its acquisition fund, CPIV Fund I LLC, Crescent Partners has acquired a 19,520 square-foot industrial building located at 4800 Cash Road, Dallas, Texas 75247.
The building was constructed in 1965, renovated in 2012, and sits on 1.99 acres. It features a 22-foot clear height, four (4) docks, 6,000 square footage of office space, and 13,520 square footage of light manufacturing warehouse space. 4800 Cash Road is 100% leased to one tenant and offers a promising investment opportunity given its below-market rents offering an immediate opportunity to increase rents closer to market rent. Our investment portfolio continues to expand with the purchase of assets located in infill markets throughout the Dallas/Fort Worth area.
We believe this property is a great addition to our portfolio as it’s located in the Brookhollow Submarket here in the DFW area.
About Crescent Partners, Inc.
Crescent Partners is an industrial real estate holding company that specializes in refining the art of acquisition, renovation, leasing, and property management to deliver a superior leasing experience, and deliver above-market returns to our investors. Crescent Partners targets the acquisition of single-tenant and multi-tenant industrial assets at below replacement cost, located in infill markets. To learn more about our growing portfolio, please visit www.crescentpartners.com. For leasing inquiries or questions about the property, please contact firstname.lastname@example.org. Interested in investing with us? Contact email@example.com