Matthews Acquires 2 MSF Distribution Center Near Downtown Dallas

Orlando Distribution Center Trades for $57M

MG3 Group acquired 8201 Chancellor Drive, a 713,585-square-foot distribution center fully leased to CVS Health. The property’s price was $57 million. The property is situated within Orlando Central Park and was initially constructed in 1975, with subsequent expansions in 1980 and 2000. Cushman & Wakefield’s Mike Davis, Rick Colon, Rick Brugge and Dominic Montazemi represented Tratt Properties in its investment sale with MG3 Group. Tratt paid $41…

Matthews Acquires 2 MSF Distribution Center Near Downtown Dallas

DALLAS — Global development and investment firm Matthews has acquired a 2 million-square-foot distribution center located just south of downtown Dallas. The site at 1600 Roe St. spans 38.5 acres, and the facility formerly housed the distribution operations of Sears Roebuck and was later rebranded as Cedars Commerce Center. Most recently, LBA Logistics occupied the property. David Davidson Jr. and Jake Milner of Davidson Bogel Real Estate brokere…