Boston-based company picks up Hutchins warehouse
HUTCHINS – A 755,000-sf warehouse has been sold to an entity controlled by Boston-based Cabot Properties.
Built in 2017 at 1200 W. Wintergreen Rd., the property was last assessed for $32.7 million by the Dallas Central Appraisal District.
The property is fully leased, with the largest tenant, VMInnovations, occupying nearly 417,000 sf.
It was sold by its developer, Core5 Industrial Partners. Cushman & Wakefield is marketing the property.
The Real Estate Center has more on DFW's industrial market:
Source: Dallas Business Journal
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