TradeLane Properties Sells 82,250 SF Light Industrial Facility in Dallas's Lonestar Submarket

TradeLane Properties, a privately held industrial real estate company based in Oakbrook Terrace, Illinois, has sold an 82,250-square-foot light industrial facility at 2050 Postal Way in the Lonestar submarket of Dallas, Texas, the firm announced June 18. The transaction was structured as a user-buyer sale, meaning the purchasing party intends to occupy the property.
Property Features and Acquisition History
The stand-alone facility at 2050 Postal Way is configured for light industrial and manufacturing operations. The building includes three interior dock doors, one drive-in door, 18-foot clear height, 1,200 amps of power, 123 auto parking spaces, a secure truck court, and approximately one-half acre of paved outside storage.
TradeLane Properties acquired the asset in 2021 through TradeLane Properties U.S. Industrial Fund II, L.P., a value-add investment fund focused on key Central U.S. logistics markets. At the time of acquisition, the building was fully occupied under a long-term sale-leaseback arrangement, which the firm said provided stable cash flow while positioning the asset for a strategic disposition.
Brokerage and Transaction Details
Adam Graham and Stephen Williamson of Lee & Associates assisted TradeLane Properties in the transaction. Financial terms of the sale, including the sale price, price per square foot, and cap rate, were not disclosed.
About TradeLane Properties
TradeLane Properties focuses on acquiring, developing, redeveloping, and operating industrial real estate in Central U.S. markets, including Chicago, Cincinnati, Columbus, Indianapolis, Louisville, Dallas-Fort Worth, Houston, and San Antonio.
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