Fort Capital acquires light industrial and office buildings in Arlington
Fort Capital acquired the 1401 and 1501 Nolan Ryan Expressway in Arlington. The property known as Ballpark Circle consists of two Class A assets totaling 236,547 square feet: a 74,739 square foot light industrial building and a 161,808 square foot office building.
The property is located in the entertainment district of Arlington and within walking distance of attractions such as AT&T Stadium and Globe Life Field. The region’s growth shows no signs of slowing down with the recent grand opening of an 888-room hotel and the new Arlington Convention Center.
âThe Arlington submarket has proven to be an optimal location to acquire property,â said Jason Baxter, CEO and President. “This investment provides the opportunity to acquire a one-of-a-kind asset in an unbeatable location overlooking AT&T Stadium, Globe Life Field, Globe Life Park and Texas Live.”
Earlier this week, Fort Capital also acquired four Class B industrial buildings totaling 190,008 square feet at Shoreline Business Park in Arlington. These assets are located within two miles of I-20 and four miles of State Highway 360, providing tenants with access to major population centers of the DFW Metroplex.