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1.6M-SF Industrial Park Changes Hands in Lancaster - Connect CRE

Summary by Connect CRE
Panattoni Development Co. Inc. sold the 1.6-million-square-foot Midpoint Logistics Center in Lancaster to what the Dallas Business Journal reports is a likely affiliate of Sterling Investors LP. Dallas Central Appraisal District values the two sites at a combined $104.9 million. Panattoni completed the two-building complex off North Dallas Avenue, south of I-20, in 2023. Global logistics company DSV Solutions leases all of one building and appli…
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Connect CRE broke the news in on Wednesday, February 12, 2025.
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