Delivering Exceptional Performance Through Disciplined Investment Focus

Flower Mound is located within Denton County which is one of ten counties that led the nation in population gain in 2023 surpassing the 1M milestone. The average household income is $173,200 which is more than 2x the national average. Lakeside Ridge is located within the North DFW Airport submarket and 2 miles from the golden intersection of 121 and Lakeside Parkway. It's located within close proximity to decision makers and executive housing located in Southlake, Grapevine, Westlake, Trophy Club, Colleyville, Coppell, Las Colinas, and Frisco, which creates an ideal setting for corporate headquarters. For executives who live outside the State of Texas, the location is 6 miles north of DFW Airport and allows guests to be onsite within 10 minutes of their flight landing.

The 78,482 square foot shallow bay industrial development is located in Arlington, TX and the Great Southwest (Upper GSW) submarket. Box 107th is centrally located north of I-30 at the intersection of I-30 and 360. The site ingress and egress is superior to any other development site within GSW and benefits from a new I-30 TXDOT intersection at the Six Flags Drive exit. The $233M TXDOT I-30/360 interchange project was substantially complete at the end of 2023. Labor and location are the predominant reasons that tenants locate their business in GSW. Its central location with easy east west access off I-30 and north south access off 360 creates very efficient regional distribution. The drive time to service Dallas and Fort Worth from this site location is 20 minutes in each direction. In addition, the drive time to DFW International Airport is 8 minutes on 360 which increases its attractiveness for businesses that rely on air freight, further enhancing their logistics and supply chain efficiencies.

The Property is a newly renovated, Class-A industrial property consisting of 87,500 square feet. The Property was developed by Hillwood in 2000, and the interior was renovated in 2021 when Equipment Depot moved into the building. The Property sits on an 8.5-acre site, providing a differentiating amenity with 3 acres of outdoor storage in the highly-infill submarket. The Property provides reliable cash flows with 100% leased to Equipment Depot, Inc. Equipment Depot was acquired by Mitsubishi in 2019 and specializes in the repair, maintenance, and distribution of industrial equipment. Founded in 1939 and headquartered in Houston, Texas, Equipment Depot is America’s largest independently operated material handling and rental source. Through its 50+ nationwide locations, it offers a wide range of products including construction equipment, specialty vehicles, forklifts, storage systems, attachments, power systems, and docks. The company’s services extend to fleet management, training, and maintenance. With a large employee base, Equipment Depot operates forty-eight locations across the United States with a network spanning across 3,000 miles in twenty-five states. This extensive reach led Equipment Depot to become the largest independently operated material handling and rental business in America prior to Mitsubishi’s acquisition of the company.

Denton is located at the convergence of HWY 380 (connection to Frisco, McKinney), I-35E (from Dallas), and I-35W (from Fort Worth) ultimately extending as far south to Mexico and extending north to Oklahoma City and beyond. The site offers an ideal location for warehouse, distribution, service provider, supplier, and fulfillment operation tenants such as Target, ALDI, MillerCoors, CEVA, Tyson Foods, WinCo Foods, Fastenal, Peterbilt, Goodman, Lowes and US Cold Storage which are companies that are all located in the area.