CRESCENT PARTNERS ACQUIRES 8,800 SQUARE FOOTAGE INDUSTRIAL BUILDING IN GARLAND, TEXAS
DALLAS, TEXAS, January 25, 2023 – Through its acquisition fund, CPIV Fund I LLC, Crescent Partners has acquired an 8,800-square-foot industrial building located at 614 Easy Street, Garland, Texas 75042. The concrete tilt wall with a stamped brick building is 100% leased to one tenant.
The building was constructed in 1968 and sits on 0.45 acres. It features a 12-foot clear height and two grade-level doors. 614 Easy Street offers a promising investment opportunity given its below-market rents with one tenant in place offering an opportunity to increase rent 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.
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 email@example.com. Interested in investing with us? Contact firstname.lastname@example.org.