Stoneridge Business Park

Jones Lang LaSalle Americas, Inc. (“JLL”) has been exclusively retained to offer qualified investors the opportunity to acquire Stoneridge Business Park (the “Property” or “Park”), a 171,025 square foot light industrial park located in Dallas-Fort Worth within the high-performing South Dallas industrial submarket. Positioned on 8.4 acres, the Park is comprised of three institutional-quality light industrial facilities with an average office finish of 58%. Over the last 18 months, the Property has achieved excellent absorption and rental rate growth, partly due to the continued improvement of the South Dallas industrial submarket as a whole, and partly due to a very well executed spec suite program by the current owner within Building 1 of the Park. Drafting off this momentum, the Property is poised to continue to perform and offers very compelling value-add upside in the near-term.

• INSTITUTIONAL-QUALITY ASSET AT A SIGNIFICANT DISCOUNT TO REPLACEMENT COST
• VALUE CREATION OPPORTUNITY THROUGH LEASE UP
• MARK-TO-MARKET OPPORTUNITY
• STRATEGICALLY POSITIONED WITH EXCELLENT ACCESS
• PRIME LOCATION WITHIN THE HIGH-PERFORMING SOUTH DALLAS INDUSTRIAL SUBMARKET

Portfolio Summary

• RENTABLE SQUARE FOOTAGE: 171,025 SF
• OCCUPANCY: 82.8%
• OFFICE FINISH: 58%
• CLEAR HEIGHT: 18’ – 20’
• WALT: 3.6 Years
• YEAR BUILT: 1987
• PARKING RATIO: 3.3 / 1,000 SF