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unwest Real Estate Group and AKRE Partners have jointly purchased the 36,000‑sq‑ft North Commercial Industrial Park, a small‑bay warehouse complex at 1000–1008 N. Commercial Blvd., Arlington, Texas. The property hosts multiple tenants in flexible suites, offers both dock‑high and grade‑level loading doors, and sits near major highways.
Located in the Dallas–Fort Worth metroplex—one of the country’s most robust industrial hubs—the site presents a strong value‑add prospect. The new owners will upgrade the exterior (roof, pavement, paint) and remodel interior suites with modern offices and LED lighting to attract tenants in a submarket where small‑bay vacancies have stayed below 10% for eight years.
“North Commercial Industrial Park exemplifies the high‑potential assets AKRE seeks,” said Nadav Kariv and Harry Ashforth. “Its adaptable layout and solid submarket fundamentals give us a clear path to operational gains and attractive returns.”
“By merging Sunwest’s proven operating model and local ties with AKRE’s deal expertise, we’ll unlock the property’s full potential,” said Marc Grossfeld. “Targeted capital improvements will boost tenant appeal and secure long‑term cash flow.”
The DFW industrial sector has logged 56 straight quarters of positive net absorption, and small‑bay rents have risen over 36% in five years. The park’s proximity to downtown Dallas, Fort Worth, and key transportation routes positions it well for the region’s growing logistics and distribution demand.
Sunwest Real Estate Group, based in Dallas, specializes in acquiring, managing, leasing, and repositioning high‑quality office and industrial assets to create lasting value for investors, tenants, and communities.
AKRE Partners, LLC focuses on sub‑institutional (<$25 M) acquisitions of small‑bay warehouses, logistics, and flex properties across Texas and the Southeast, targeting undervalued assets to deliver superior risk‑adjusted returns.
