December 2019, Farmers Branch, TX — SVN Dunn Commercial, a full-service commercial real estate brokerage firm and part of the SVN® brand, is pleased to announce that Dan Morris recently represented the Seller KHV Diversified LLC on the sale of their 45,720 Sf industrial building in Farmers Branch, TX. The seller was looking to cash out on a long-hold asset with a sale/leaseback transaction.
“The seller leased back 19,510 Sf for a period of ten years, and the remaining balance of the property was recently leased on a five-year term by MT Global making this a very lucrative transaction for my client.” said Dan Morris.
The cooperating broker for the purchaser was Michael Macchia with Stan Johnson Company of New York.
For more information on SVN Dunn Commercial or assistance with your commercial real estate needs, please check out our website, give us a call at 817-640-9964 or visit us at 1202 Corporate Drive West, Arlington, TX 76006.