Pinnacle Park III

JLL Capital Markets is excited to present qualified investors with the opportunity to acquire Pinnacle Park III (the “Property” or the “Offering”), a 439,080 square foot asset located in the prestigious Pinnacle micro-market. Situated less than 3 miles from Interstate 30 and Loop 12, and just 6 miles west of Downtown Dallas, Pinnacle Park III represents a rare opportunity to acquire hyper-infill industrial product in one of the top performing markets in the country at a significant discount to replacement cost.

With immediate access to the Eastern Lonestar / Turnpike submarket, Pinnacle Park III benefits from a dense industrial labor pool and a working population of ~873,000 people within 15 miles. The Pinnacle micro-market continues to outperform the overall Dallas-Fort Worth market with a current occupancy of 93.2% and no new deliveries since 2020. Additionally, there are very limited opportunities to acquire product in the Pinnacle micro-market as assets rarely come to market and investors are typically long-term holders.

Pinnacle Park III is 100% leased to USTC and Quality Logistics Systems with a weighted average lease term of 2.3 years and 3.4% blended remaining contractual rent increases, providing investors with secure cash flow and embedded growth. The Property offers an attractive 14.2% mark-to-market opportunity, delivering significant upside potential with the ability to increase NOI by 32% in the first five years.