TradeLane Properties Sells 92,144 SF Industrial Warehouse in Fort Worth, Texas
Oakbrook Terrace, IL – TradeLane Properties, a privately held industrial real estate company, is pleased to announce the sale of 5050 Rondo Drive in Fort Worth, TX in a user-buyer transaction.
The 92,144 square foot, stand-alone industrial warehouse offers six dock-high doors, one drive-in door, 16’ to 23’ clear height, 3,000 amps of power, 54 auto parking spaces, and a 175-foot-deep truck court.
TradeLane Properties acquired the property within the TradeLane Properties U.S. Industrial Fund II, L.P., a value-add investment fund focused on key Central U.S. logistics markets. At acquisition in 2022, the building was fully occupied under a long-term sale-leaseback, providing stable cash flow while positioning the asset for strategic disposition.
TradeLane Properties would like to thank Reid Bassinger and Schaefer Amos with Lee & Associates for their assistance in the successful completion of 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.