Hillwood Investment Properties Acquires 200,000 SF Distribution Center in Dallas, TX

DALLAS--()--Through its U.S. Industrial Fund II, Hillwood Investment Properties, a Perot company, has acquired 3838 W. Miller Road, a Class A distribution building totaling 200,000 square feet located in Northeast Dallas.

Situated in the infill, established Garland submarket, 3838 W. Miller Road benefits from its proximity to significant demand drivers and major transportation arteries. The property is located on Miller Road, a named exit off of Interstate 635, and provides convenient access to US 75 and I-35E.

“The Northeast Dallas submarket and Garland remain a prime area for industrial space in Dallas because of its strategic location and solid labor pool,” said Toby Rogers, Senior Vice President of Hillwood Investment Properties. “The property is move-in ready and has both existing office and open showroom space.”

3838 W. Miller Road is currently available for lease. This Class A, cross dock facility offers 31’ clear height, new T-5 lighting, ESFR sprinkler system, 140’ truck courts, and skylights & clerestory windows. The building provides up to 30,000 SF of office / open showroom areas and ample parking for 260 cars.

“We purchased this facility because it is a high-quality, Class A industrial property in a fantastic infill Dallas location,” said Tom Fishman, Hillwood’s Executive Vice President - Acquisitions and Dispositions, Hillwood Investment Properties. “Our strategy for U.S. Industrial Fund II is to acquire and develop high-quality, functional industrial real estate in major U.S. markets.”

About Hillwood Investment Properties

Hillwood Investment Properties, a Perot company, is a premier industrial real estate investor, developer and advisor of high quality real estate properties that provide a significant economic impact to their region. With more than 85-million square feet of industrial development and acquisitions to date, our dedicated team is committed to bringing long term value to our customers, partners and the communities that we serve. Today, Hillwood Investment Properties is actively involved in development, acquisitions, construction, leasing and property management of high quality, well located, flexible and functional industrial properties located throughout North America and Europe. For additional information, visit www.hillwoodinvestmentproperties.com.

Contacts

Public Strategies, Inc.
James Fuller, 240-393-1369
jfuller@pstrategies.com
or
Kent Sholars, 281-744-0170

Contacts

Public Strategies, Inc.
James Fuller, 240-393-1369
jfuller@pstrategies.com
or
Kent Sholars, 281-744-0170