A four-building business park at DFW International Airport is the latest big North Texas industrial property to change hands.
The Trammell Crow at Passport Park project contains more than 2 million square feet of warehouse and distribution space on Rental Car Drive north of Airport Freeway in Irving.
The buildings are 97% leased and were acquired by a real estate investment trust. County records show the new owner is an affiliate of California-based Realty Income Corp.
“Passport Park brings the total to 34 buildings Trammell Crow Co. has developed on DFW Airport property,” Jake Marks, principal with project developer Trammell