W. P. Carey, one of the largest real estate investment companies in the U.S., has added another big property to its portfolio — a 757,000-square-foot industrial distribution center in Mesquite, a fast-growing area in East Dallas.
The deal was handled by JLL Capital Markets, which represented the seller, Capstar Real Estate Advisors. The newly built facility, finished in 2025, is fully leased to a global solar and renewable energy company with about 10 years left on its lease.
🚛 Prime Location for Logistics and Manufacturing
The property sits on 40 acres at 2800 Skyline Drive, just a short distance from the Union Pacific Intermodal Terminal and Interstate 635. This location makes it perfect for shipping, manufacturing, and large-scale distribution.
The building includes:
- 40-foot ceilings
- 96 loading docks and 29 dock levelers
- 185-foot truck courts
- 124 trailer parking spaces
It’s also directly connected to the tenant’s adjacent manufacturing plant through a climate-controlled corridor, allowing smooth product transfers and efficient operations.
💼 Why This Deal Matters
The Dallas-Fort Worth region continues to be one of the top industrial real estate markets in the U.S. Thanks to strong demand, good infrastructure, and its central location, more companies are expanding in the area.
According to JLL, investors love East Dallas because of its steady rent growth, modern facilities, and strong tenant demand.
Boyd Borjiet, Vice President of Investments at W. P. Carey, said:
“This new facility fits our strategy perfectly — high-quality space, long-term tenants, and a prime Dallas location.”
🏗️ Key Details at a Glance
- Buyer: W. P. Carey Inc.
- Seller: Capstar Real Estate Advisors JV
- Broker: JLL Capital Markets
- Size: 756,668 square feet
- Location: 2800 Skyline Dr., Mesquite, TX
- Tenant: Global solar technology company
- Lease Term: 10 years
- Completion: 2025
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