TradeLane Properties Sells 92,144-SF Fort Worth Industrial Warehouse in User-Buyer Transaction via Lee & Associates

TradeLane Properties, a privately held industrial real estate company based in Oakbrook Terrace, Illinois, has sold a 92,144-square-foot stand-alone industrial warehouse at 5050 Rondo Drive in Fort Worth, Texas, the company announced July 9. The transaction was structured as a user-buyer deal, meaning the purchaser intends to occupy the facility for its own operations rather than as a purely investment-driven acquisition.

Reid Bassinger and Schaefer Amos with Lee & Associates assisted in completing the transaction. Financial terms of the sale were not disclosed.

Property Specifications and Asset Profile

The freestanding warehouse at 5050 Rondo Drive features six dock-high doors, one drive-in door, clear heights ranging from 16 to 23 feet, 3,000 amps of electrical power, 54 auto parking spaces, and a 175-foot-deep truck court.

Fund II Strategy and Hold Period

TradeLane Properties acquired 5050 Rondo Drive in 2022 through the 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, providing stable cash flow while the firm positioned the asset for eventual disposition.

About TradeLane Properties

TradeLane Properties is a privately held industrial real estate company focused on acquiring, developing, redeveloping, and operating industrial facilities across Central U.S. markets. The firm's portfolio spans Chicago, Cincinnati, Columbus, Indianapolis, Louisville, Dallas–Fort Worth, Houston, and San Antonio.

Sources: TradeLane Properties