The Property is comprised of two state-of-the-art industrial facilities totaling 618,052 square feet which are 100% leased by Smith System Manufacturing Company with an average remaining lease term of 7.1 years. Smith System Manufacturing Company operates as a subsidiary of Steelcase Inc. (S&P: BBB), who serves as the sole guarantor on the lease.
Jones Lang LaSalle Americas, Inc. (“JLL”) has been exclusively retained to offer qualified investors the opportunity to acquire Valwood Crossroads (the “Property”), a brand new, Class A industrial park with an irreplaceable infill location within the thriving Dallas / Fort Worth industrial market.
Senior Director, Capital Markets
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