eliken

August 29, 2016 Comments Off on Eliken Nabs 1.4M-SF Industrial in Corsicana, TX Views: 257 National News, Southwest, Texas, Texas - Other, Texas News

Eliken Nabs 1.4M-SF Industrial in Corsicana, TX

Eliken Properties, an industrial real estate investment company acquired a 1.4-million-square-foot building in Corsicana, TX from California seller Hackman Capital Partners. The building is situated on 139 acres at 2200 S. Business 45. The sales price was not disclosed, but the Navarro Central Appraisal District assessed the building at $10.5 million.

Known as the North Texas Industrial Center, the asset is occupied by two tenants, Pactiv and Guardian Glass. Eliken Properties, based in New York, focuses on properties in secondary and tertiary markets. Corsicana is approximately 55 miles south of Dallas.

Holmes Davis in Binswanger’s Dallas office brokered the transaction. Binswanger will also be working with the new owner to find additional tenants for the asset.

All Texas. Every day, direct to your inbox. Beginning Sept. 19. Sign up here to receive Connect Daily Texas.

Connect with Eliken Properties

Connect with Binswanger’s Holmes

For comments, questions or concerns, please contact Amy Sorter

Share on FacebookTweet about this on TwitterShare on LinkedInEmail this to someone

Tags: , , , ,

Comments are closed.