TradeLane Properties Acquires Fully Leased 477,500 SF Industrial Portfolio in Denton, Texas

Oakbrook Terrace, IL – TradeLane Properties, a privately held industrial real estate company, is pleased to announce the acquisition of two Class A industrial assets located at 221 & 251 N. Western Blvd. in Denton, Texas. This stabilized acquisition totals 477,500 square feet.
Located adjacent to the I-35 East and West interchange, the properties offer direct access to the entire DFW metroplex and connectivity to Oklahoma City via I-35. These buildings are strategically positioned along a key regional freight corridor, providing efficient access to major distribution routes that serve one of the fastest-growing population centers in the nation.
251 N. Western Boulevard is a 250,080 square foot cross-dock distribution facility completed in 2021. The building is fully leased and features 67 dock-high loading doors, 4 drive-in doors, 147 auto parking spaces, and 58 trailer parking spaces. The property offers 32’ clear height, ESFR sprinkler system, LED warehouse lighting and 2,000 amps of 277/480V 3-phase power.
221 N. Western Boulevard was completed in 2023 and spans 227,420 square feet. This front-load distribution facility includes 45 dock-high doors, 2 drive-in doors, 134 auto parking spaces, and 58 trailer parking spaces. The building also features a 100% HVAC warehouse, 32’ clear height, ESFR sprinkler system, LED lighting, and 2,000 amps of 277/480V 3-phase power.
Acquired within the TradeLane Properties U.S. Industrial Fund III, L.P., an investment fund focused on key Central and Southwest U.S. logistics markets, this investment highlights the fund’s commitment to acquiring highly functional industrial assets in strategic locations.
TradeLane Properties would like to thank Dustin Volz and Zach Riebe with Newmark for their assistance in closing this transaction.
About TradeLane Properties
TradeLane Properties is a privately held Industrial real estate company committed to harnessing its founders’ expertise in acquiring, developing, redeveloping, and operating industrial real estate facilities focused on the Central U.S. markets of Chicago, Cincinnati, Columbus, Indianapolis, Louisville, Dallas-Fort Worth, Houston and San Antonio. For more information, visit www.tradelaneproperties.com.