Southern Dallas FedEx shipping hub sells to NY investor
Trammell Crow Co.’s Cedardale Distribution Center is the latest to sell.
Trammell Crow built the Cedardale Distribution Center in southern Dallas in 2018.(Trammell Crow Co. )
A southern Dallas shipping hub is the latest North Texas industrial property to be snapped up by investors.
The Cedardale Distribution Center near Interstate 20 is more than 776,000 square feet and is leased to FedEx as a package-handling center.
An investor represented by New York-based Global Securitization Services LLC just purchased the big warehouse which was constructed in 2018 by Trammell Crow Co. and Morgan Stanley.
The distribution building is the first phase of a 106-acre, 1.5 million square foot business park Crow Co. plans near Bonnie View Road.
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