1. 4700 Singleton Boulevard sold, leased to Nucor Rebar. 2. Property located in a tight industrial submarket. 3. Strong investor interest for mission-critical industrial properties. 4. Nucor is a top recycler and steel products manufacturer. 5. Dallas real estate market reflects ongoing demand for relevant assets.
The sale to a major steel producer like Nucor indicates robust demand in the industrial market, as observed in historical sales spikes after similar developments in competitive urban markets. Properties leased to strong tenants like Nucor reinforce long-term stability, which is favorable for NUE’s financial outlook.
The article highlights Nucor’s continued market expansion, which could enhance NUE's stock performance as it solidifies its position as an industry leader. The strategic significance of this lease underscores Nucor's operational strength within key industrial markets.
The acquisition reinforces Nucor's operational capacity and infrastructure in Dallas, thus enhancing its competitive edge over time. Similar expansions have historically led to sustained price increases for companies leveraging industrial acquisitions for long-term growth.
Davidson Bogel Real Estate ("DB2RE") is pleased to announce the investment sale of 4700 Singleton Boulevard in Dallas, Texas. The property totals 46,000 square feet of warehouse space. It features substantial outside storage, fully leased to Nucor Rebar, a division of Nucor Corporation (NYSE:NUE) — one of the nation's largest and most respected steel manufacturers.
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DB2RE Announces Sale of 46,000-SF Industrial Property Leased to Nucor Rebar
Positioned in the West Dallas infill corridor, the property offers immediate access to Interstate 30, Loop 12, and State Highway 183, connecting it to all major logistics arteries throughout the DFW Metroplex. With a combination of functional warehouse space, secure yard, and strong tenancy, 4700 Singleton represents a highly sought-after investment within one of the tightest industrial submarkets in North Texas.
"This sale underscores the continued strength of the infill industrial and IOS investment market in Dallas," said Philip Cherrick of Davidson Bogel Real Estate, who represented the seller. "Assets like 4700 Singleton — offering long-term tenancy, irreplaceable location, and critical outside storage — continue to drive significant investor interest and premium pricing."
"Our client was drawn to this opportunity because of the property's core location, tenant quality, and long-term stability," added David Guinn, who represented the buyer in the transaction. "Well-located industrial assets with outside storage in Dallas remain extremely competitive, and this acquisition aligns perfectly with our client's long-term investment strategy."
The transaction reflects the ongoing investor appetite for mission-critical industrial properties with outdoor storage, a product type in limited supply across urban infill areas of Dallas–Fort Worth.
About Nucor Rebar
Nucor Rebar is part of Nucor Corporation (NYSE:NUE), North America's largest recycler and a leading producer of steel and steel products. The company provides rebar fabrication and related services to the construction industry nationwide.
About DB2RE
Davidson Bogel Real Estate (DB2RE) is a boutique land investment advisory group and brokerage firm headquartered in the Dallas-Fort Worth Metroplex. Founded by David Davidson, Jr., and Edward Bogel in 2015, the base principle of the company is exceptional client service, with investment and development of land throughout Texas and Oklahoma as the focus. DB2RE concentrates on land acquisitions, dispositions, and investment sales for families, trusts, and developers of retail, multi-family, industrial/mixed-use, and single-family communities.
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For more information about this transaction, please contact:
info@db2re.com
db2re.com