Matthews™ Facilitates Sale of Lewisville Business Park in Texas

DALLAS, TX— Matthews™, a commercial real estate investment services and technology firm, completed the sale of an industrial facility, located at 980 E State Highway 121 in Lewisville, Texas. Matthews™ Vice President Drew Boroughs and Associate Brady Beasley represented the seller in the transaction.

Lewisville Business Park is a 37,040-square-foot Class A industrial showroom and flex property situated along State Highway 121 in the Dallas-Fort Worth Metroplex. The property benefits from prime visibility, seeing approximately 46,000 vehicles per day and 540 feet of highway frontage, positioning it well within one of the strongest industrial markets in the country. Built in 2020, the fully leased asset features five tenants on brand-new five-year leases across a diverse mix of industrial and showroom uses.

The seller, GT3 LLC, elected to bring the property to market as a strategic portfolio restructuring. Through a targeted, hands-on marketing approach, the Matthews™ agents created a competitive bidding environment, generating multiple offers and ultimately driving pricing and terms that exceeded the seller’s expectations. The buyer, SLV Investment Company LLC, saw the asset as an up-leg in a 1031 exchange, looking to expand its industrial portfolio in the DFW market. Throughout the transaction, Matthews™ recommended restructuring the existing leases into an NNN-style lease structure, delivering stronger pricing for the seller while positioning the asset as a more attractive and secure long-term investment for the buyer.

“The Matthews culture is rooted in going the extra mile for our clients, and this transaction was a great example of that,” Boroughs said. “From cold calls and door knocking to targeted email campaigns, we were committed to bringing the best and most qualified buyers to the table to deliver the strongest possible outcome for our client.”

For more information, please contact Drew Boroughs and Brady Beasley or visit www.matthews.com.

About Matthews™

Matthews™, a commercial real estate investment services and technology firm, holds recognition as an industry leader in investment sales, leasing, and debt and structured finance. Based out of Nashville, TN, and strategically positioned with over 1,000 agents and employees in 30 offices across the United States, Matthews™ continues to focus on expansion into new markets. For more information, please visit www.matthews.com.