1501 N Plano Rd. Richardson, TX

Matador acquired this property in December 2021. The opportunity was identified through one of the building's tenants and partners, who was interested in the asset but unable to raise the necessary capital for acquisition. Jeremy's relationship with this tenant dates back to 2017, when he assisted them in their search for a suitable building to purchase. The facility is a multi-tenanted asset, divided among three suites and leased to a uniforms manufacturer, a postal company, and an electronics manufacturer. Located in a robust submarket of DFW, this tilt-wall asset has proven to be a strong investment, with projections indicating ease of sale to another investor in the future.

• Size: 83,140 SF

• Land: 6.82 AC

• Tenant Type: Multi