Matthews™ Secures Acquisition of Premier IOS Facility in Dallas-Fort Worth Metroplex

DALLAS, TX—Matthews™, a commercial real estate investment services and technology firm, represented the buyer in the acquisition of an industrial outdoor storage (IOS) property located at 7600 Rendon Bloodworth Rd in Mansfield, TX. Matthews™ First Vice President & Associate Director Andrew Wiesemann and Associate Reid Roden represented the buyer, CanTex Capital, in the transaction. Joseph Cooper and Katrina Kieu at Partners Real Estate represented the seller in the transaction.

Located within the Dallas-Fort Worth Metroplex, the asset is positioned within one of the nation’s premier IOS markets, supported by strong tenant demand, continued industrial growth, and sustained investor interest. Situated on approximately 10 acres, the Class A industrial outdoor storage facility features three buildings totaling 29,526-square-feet. The property includes concrete parking and aprons surrounding the buildings, complemented by a large gravel yard that provides additional outdoor storage capacity. Fully leased at the time of acquisition, the asset offers established tenancy while providing flexibility to restructure leases with the existing tenants.

“Quality IOS assets in DFW continue to be in high demand,” Wiesemann said. “Groups such as CanTex Capital are focusing on quality more than ever.”

Seeking to expand its DFW industrial portfolio, CanTex Capital targeted a highly functional IOS asset that offered both an attractive basis and long-term flexibility. Understanding the buyer’s acquisition objectives, Matthews™ leveraged its deep local relationships to identify opportunity and connect CanTex with the private seller, who had developed the property and was ready to monetize the investment. Matthews™ worked closely with both parties to structure an offer that aligned with the seller’s pricing and execution objectives, ultimately bringing the transaction to a successful close.

“Mansfield continues to establish itself as one of the most compelling industrial markets in the DFW metroplex, with investor interest and tenant demand both continuing to grow,” Roden said. “As businesses expand and capital continues to target functional IOS assets, we believe Mansfield is well positioned for continued growth and long-term investment.”

For more information, please contact Andrew Wiesemann and Reid Roden 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.