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News release

Dallas, TX

Market activity drives sale of recently constructed industrial hub

JLL assists with transaction of industrial asset near Dallas


​​​​​​Dallas, November 27, 2017 – JLL announced today the sale of a logistical center in DeSoto, Texas, thanks to continued market growth and activity in North Texas.

constructed industrail hub-2.jpgEagle Park 20/35, located at 1240 East Centre Park Boulevard in DeSoto, has been acquired by an institutional investor. The seller was a joint venture between Ridgeline Property Group and Stockbridge Capital Group. The transaction included the 454,408 square foot industrial property situated on 29.54 acres. 

JLL's Dustin Volz and John Huguenard represented both parties in the transaction.

"Eagle Park 20/35 is located in one of the nation's most active submarkets," said Volz. "DFW's continued economic and population growth makes this asset a tremendous value. Additionally, the accessibility to the major interstate systems and its strategic placement within the region has the building positioned for substantial long-term upside."

Eagle Park 20/35 is a recently constructed Class A distribution facility. The property is centrally located 15 minutes away from downtown Dallas and is adjacent to Interstate 20 and Interstate 35.


About JLL

JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. A Fortune 500 company, JLL helps real estate owners, occupiers and investors achieve their business ambitions. In 2016, JLL had revenue of $6.8 billion and fee revenue of $5.8 billion and, on behalf of clients, managed 4.4 billion square feet, or 409 million square meters, and completed sales acquisitions and finance transactions of approximately $145 billion. At the end of the third quarter of 2017, JLL had nearly 300 corporate offices, operations in over 80 countries and a global workforce of over 80,000. As of September 30, 2017, LaSalle Investment Management had $59.0 billion of real estate under asset management. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit ir.jll.com.