Lee & Associates – DFW negotiates Industrial Sale Transaction of 165,000 SF in Coppell, TX

(June 16, 2022 – DALLAS, TX) Lee & Associates Dallas Fort Worth, one of the largest privately-owned national real estate firms has completed a sale transaction for a 165,000 square foot industrial facility located at 585 S. Royal Lane, Coppell, Texas 75019. 

Alex Wilson and Nathan Denton of Lee & Associates DFW represented the Buyer, Nuveen Real Estate in the off-market transaction. Dexas International, a local manufacturer of kitchen tools and specialty gadgets is the Seller. The deal was structured as a sale/leaseback, and the Seller will remain as the Tenant.

Alex stated, “we are extremely happy to have been able to represent Nuveen Real Estate on the acquisition of this class A 165,000 square foot industrial building. This asset, which is within one of DFW’s most sought-after industrial submarkets will fit very well within Nuveen’s growing Texas portfolio. We are very grateful to everyone on the Seller side for working with us in ensuring a smooth transaction and closing.”

About Nuveen Real Estate

Nuveen Real Estate is one of the largest real estate investment managers in the world with $142 billion1 of assets under management. With over 85 years of real estate investing experience and more than 600+2 employees located across over 30 cities throughout the United States, Europe and Asia Pacific, the platform offers unparalleled geographic reach, which is married with deep sector expertise..