Hartman Mitchelldale Business Park, an affiliate of Hartman Short Term Income Properties XX, has purchased Mitchelldale Business Park from AFS NW Business Park, an affiliate of Falcon Southwest.
“We are pleased about investing at this strategic infill location with excellent access and diverse tenant base which provide attractive stability and opportunity for growth,” says Dave Wheeler, executive vice president and chief investment officer for Hartman Advisors.
Mitchelldale Business Park – a 377,752 square foot, 12 building industrial park – is located at the Northwest Industrial Submarket at Highway 290 and Mitchelldale.
Lead tenants at Mitchelldale Business Park include: Craven Carpet, a locally owned, family operated flooring installation company; A Better Trip, a Houston based owned and operated moving company; GC Services, a business processing outsource provider; and LOYC Investments, an international import/export and distribution company.
Mitchelldale Business Park is located on Mitchelldale Street just south of Highway 290 and is currently 92 per cent occupied.