Dallas, Texas – February 26, 2024 – Colliers is pleased to announce the sale of Southfield Park 35 Building 4, a groundbreaking sustainable warehouse in the Dallas-Fort Worth metroplex. This facility is North America’s first industrial warehouse of its size comprised of cross-laminated timber (CLT) and MegaSlab technology, marking a transformative milestone in sustainable real estate development. Executive Vice President Chris Teesdale, Executive Vice President Tom Pearson and Vice President Ben Wallace at Colliers represented Seefried Properties and Affinius Capital in the transaction.

The 160,475 square foot industrial warehouse is located at 9039 Old Hickory Trail, in south Dallas.

This pioneering warehouse signifies a significant shift in warehouse construction methodologies, emphasizing sustainability and innovation. Renowned for its structural strength and eco-friendly attributes, the utilization of CLT reflects a growing commitment and future road map for real estate developers and occupiers to embrace sustainable practices and reduce their carbon footprint.

"This asset supplied a unique test for the future of industrial real estate, aligning tenants goals for reduced carbon footprints while maintaining complete functionality. The integration of MegaSlab technology alongside cross-laminated timber reduced the buildings carbon footprint by over 43 percent, while meeting occupational needs of the end user" said Colliers expert representatives Ben Wallace and Chris Teesdale.

The strategic partnership between Seefried Properties and Affinius Capital exemplifies their joint commitment to pushing the boundaries of sustainable construction while catering to the evolving demands of environmentally conscious businesses.

Link to full story: Southfield Park 35 Building 4 Sold in Dallas-Fort Worth | Colliers - The Converser.