Stream Realty Partners Announces Lease of Eagle Park 20/35

11/6/17

Stream Realty Partners (Stream) – a national commercial real estate services, development and investment firm, has been awarded the leasing of Eagle Park 20/35, a newly constructed Class A distribution facility in DeSoto, Texas.

Located at 1240 Centre Park Boulevard, just west of Interstate 35, Eagle Park 20/35 is a 454,408-square-foot industrial building, divisible to 150,000, in one of DFW’s fastest growing industrial submarkets.

Eagle Park 20/35 includes 114 trailer stalls, 109 dock doors and four drive-in ramps, and offers exceptional transportation access, just one mile from Interstate 20, four miles from Highway 67 and seven miles from Interstate 45 in southern Dallas County.

Stream’s industrial leasing team of Cannon Green, managing director and partner, Matt Dornak, vice president and Drew Feagin, associate will team up to represent the new owner, an institutional investor, who recently acquired the property.

“We are honored to be hired to lease this project and look forward to successfully procuring a top-notch tenant, or tenants, to this highly versatile asset,” said Cannon Green of Stream. “This corridor has seen the greatest leasing velocity of all locations in Dallas of late and we expect that dynamic to continue as increases to the population base, strong job growth, corporate relocations and e-commerce continue to drive expansion to the industrial market. The logistics, proximity to labor and amenity base in the I-20 Corridor are attracting top industrial users in record numbers.”

Ranked as the 5th largest Industrial Market nationally, the Industrial Real Estate Market in Dallas/Fort Worth is extremely healthy, boasting a current vacancy rate of approximately 6.5 percent, more than 13 million square feet of positive absorption, and almost 30 million square feet of leasing activity in 2017.

About Stream Realty Partners

Stream is a commercial real estate firm with locations across the country. The company’s full-service offerings cover the broad spectrum of leasing, management, development, construction, and investment sales services across the commercial real estate industry. In addition, Stream specializes in sourcing acquisition and development opportunities for the firm and its clients. Since its formation in 1996, Stream has grown from its two original partners to a staff of more than 750 real estate professionals nationwide, with regional offices in Atlanta, Austin, Charlotte, Chicago, Dallas, Denver, Fort Worth, Houston, San Antonio, San Diego, Orange County and Washington, D.C. Stream currently has more than 130 million square feet of assignments across the nation, completes over $2.4 billion in real estate transactions annually and is considered one of the most active investors and developers in the real estate industry. Visit www.streamrealty.com.

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