Investment & Office Real Estate

Investment, Development & Brokeragelinkedin

Industrial & Office Real Estate
Investment, Development & Brokerage

1621 Falcon Dr., DeSoto, TX – 9,530 SF Industrial Building on 4.3 Acres

Peter Schulze invested in this property shortly after it was leased to DIAB, Inc., an international manufacturer. DIAB, Inc. occupied the property for over six years before the company downsized in Texas and vacated this property. The property was put on the market for sale or lease.

This was a difficult property in that it had been built as an office/laboratory with low ceiling height and lots of office finish.  There are some things you cannot economically change about a building and one of those is ceiling height. It also had an unusual loading door and did not offer the more typical dock high or grade level loading. We found a user that was a good match for the property and sold it to that user.

• Sold 9,530 SF

“David went way far above anything I imagined a broker might do in the handling of this property. He gave sage and regular advice as to the market and to the strategy required for a property suited for a niche buyer. He attended to practical details to ensure the condition of the asset. He worked hard to identify and cultivate potential buyers whose requirements matched the particulars of the property. He managed negotiations wisely and firmly. In short, he exercised patience, professionalism, and top notch communication throughout what was necessarily a long listing to closing timeline for a specialized user property.”

Peter B. Schulze

1621 Falcon Dr., DeSoto, TX – 9,530 SF Industrial Building on 4.3 Acres.

Peter Schulze invested in this property shortly after it was leased to DIAB, Inc., an international manufacturer. DIAB, Inc. occupied the property for over six years before the company downsized in Texas and vacated this property. The property was put on the market for sale or lease.
This was a difficult property in that it had been built as an office/laboratory with low ceiling height and lots of office finish.  There are some things you cannot economically change about a building and one of those is ceiling height. It also had an unusual loading door and did not offer the more typical dock high or grade level loading. We found a user that was a good match for the property and sold it to that user.

• Sold 9,530 SF

“David went way far above anything I imagined a broker might do in the handling of this property. He gave sage and regular advice as to the market and to the strategy required for a property suited for a niche buyer. He attended to practical details to ensure the condition of the asset. He worked hard to identify and cultivate potential buyers whose requirements matched the particulars of the property. He managed negotiations wisely and firmly. In short, he exercised patience, professionalism, and top notch communication throughout what was necessarily a long listing to closing timeline for a specialized user property.”

Peter B. Schulze

 

5643 Rufe Snow Dr., North Richland Hills, TX — 7,240 SF Retail Automotive Service Building Dan Pistone is a California investor who bought in Texas because the price/return ratio was more favorable than in his state.  After purchasing the leased property, it began shedding tenants.  When I met him, he had one tenant that paid occasionally, one that paid “most of the time” and one vacancy.  Since the spaces were small, he had challenges with finding a broker in the DFW area that would give this property the attention it required.  Its location in North Richland Hills was a bit oversubscribed when it came to automotive service properties.  We were able to remove the existing tenants and put a tenant in the front two spaces.  That tenant had some challenges and another replaced him.  The second tenant also had challenges.  We sold the building to an owner/occupant which was the best solution for that property. In this assignment, I provided property management services in addition to brokerage services.
  • Leased 4,827 SF
  • Leased 4,827 SF
  • Sold 7,240 SF

“Being an out of market commercial real estate investor I depended heavily on David’s local market knowledge and willingness to invest his time and resources to successfully market my property.  His untiring commitment to source a creditable buyer for a special purpose automotive retail property took dedication and resolve.  David is passionate about his business, the clients he works with and his character is beyond reproach.”

Dan Pistone

Crawford Electric Supply Company, Ltd. is a wholesale supplier of electrical and lighting supplies primarily for commercial applications. Craig Levering has taken this company from $2,000,000 in sales back in 1990 to over $175,000,000 in sales in 2005. I have been fortunate to serve his company in this time of extraordinary expansion. When Craig bought the company, they were in about 5,000 sq. ft. of warehouse space. I worked with Craig to find a new location and then expanded that facility three times. I always knew Crawford Electric would one day own a first class facility. That has now become a reality with the build to suit of an 80,000 sq. ft. corporate headquarters and distribution facility on a freeway frontage site in northwest Dallas.
  • Lease of 15,000 sq. ft. warehouse
  • Renewal and expansion to 30,000 sq. ft.
  • Renewal and expansion to 42,000 sq. ft,
  • Renewal and expansion to 54,000 sq. ft.
  • Purchase of 5.2 acre industrial site
  • Build to suit consultation for 80,000 sq. ft. office/warehouse
  • Purchase of 2.2 acre commercial site
  • Development consultation on 23,340 sq. ft. building
“David Jackson has done an outstanding job on all of our real estate transactions (leases and purchases) over the years. He is very detail oriented and always “goes the extra mile”, which I truly appreciate. David is a very ethical and honest commercial broker and I would not hesitate recommending him.” Craig R. Levering Chief Executive Officer Crawford Electric Supply Company, Ltd.
Performance Pulsation Controls, Inc. manufactures pulsation dampeners for the oilfield and chemical industries. They had been in business seven years when I was introduced to John Rogers, the president of the company. They were in 16,000 sq. ft. and needed to expand. He was at a point in his business where he wanted to own his next facility. I assisted him in acquiring a building in the same park he had been in for seven years. Although the building was 89,650 square feet, it had a dead storage tenant who had been there for six years. We negotiated a new five year commitment from that tenant as a part of making this project financially feasible to John’s company. I assisted in the platting of the property working with the Town of Sunnyvale to get approvals needed to operate the facility as the company intended. I worked with John in evaluating financing alternatives, environmental review, and obtaining construction bids for improvements and refurbishing. We successfully closed on this transaction in late 2005.
  • Purchase of 89,650 sq. ft. on 6.5 acres
“I have been very pleased with David’s thoroughness, attention to details, and timely completion of tasks requested. David has a very helpful attitude, not waiting for me to ask him for help, but looking ahead at our needs and volunteering to work on these items. Finally the most important quality I look for in relationships is trustworthiness. David is a person that I learned that I could trust. His integrity is without question.” John Rogers, President Performance Pulsation Controls, Inc.
Alpha Granite & Marble, Inc. is a marble and granite fabrication & installation company owned by Jose Rodriguez.  When I first met him, he and a partner had a company that was leasing about 7,000 sq. ft. of basic dock high industrial space.  He had just completed the marble and granite work on the Dallas Symphony Center.  He needed a building with a recessed dock and overhead crane so he could load and unload granite slabs off of flatbed trailers.  We found the ideal building in Irving and acquired it with some very creative financing. When he and his partner parted ways, he contacted me to locate a new facility for his startup company.  This was a challenge for two reasons: (1) It was a new company, (2) granite fabricators are very noisy and very dirty operations.  Few building owners were excited about this type of tenant.  We found a space and made a lease.  Five years later, I assisted him in the acquisition of a 41,000 sq. ft. industrial building in Brookhollow Dallas.  Subsequently, we sublease the 13,480 sq. ft. space for the remainder of his lease term. Jose and I have developed a strong friendship as we completed the following transactions:
  • Purchase of a 21,970 sq. ft. industrial building
  • Lease of a 13, 480 sq. ft. industrial building
  • Renewal of lease on 13, 480 sq. ft. industrial building
  • Purchase of a 41,000 sq. ft industrial building
  • Sublease of 13,480 sq. ft. industrial building
“It has always been a pleasure working with David. He is one of the most professional individuals I have ever met. He has listened to my very unusual requests such as buying a building with no down payment and insufficient credit history and instead of objecting to them, he has always found a positive solution. I value his wisdom as well as his friendship” Jose Rodriguez, President Alpha Granite & Marble, Inc.
American Industrial Metals distributed specialty metals to companies in high technology industries, but primarily in the aerospace and medical industries.  Ben Johnson launched this company in 1982 and built it to sales of $22,000,000 prior to selling it.  Ben was in a 10,000 sq. ft. warehouse when I was referred to him in 1989.  He wanted a larger building, but the unique nature of his business required a specialized building not commonly found in the market.  I worked with him to purchase a site and consulted on the design of a new building specific to his needs.  We designed some expansion into that facility, but his business outgrew the building beyond what the potential expansion could accommodate.   He needed a new site of about four acres.  I found a 13 acre industrial park owned by the RTC.  We were able to buy the entire park for less than the value of a four acre site.  He built a 75,000 square foot distribution facility.  Over the next five years I sold out the remaining nine acres of the park at an average price of about 700% of what he paid for it.
  • Land Purchase of 2.5 Acres
  • Build to Suit Consultation on 21,500 sf warehouse
  • Land Purchase of 13 Acres
  • Build to Suit Consultation on 75,000 sf warehouse
  • Sale of 21,500 sf warehouse
  • Sale of 1.2-acre site
  • Sale of 3.3-acre site
  • Sale of 1.5-acre site
  • Sale of 3-acre site
“My first and all subsequent commercial real estate transactions have been handled by David Jackson. On each transaction, David’s professionalism resulted in a properly structured deal with little anxiety. The market knowledge, creative thinking, and the effort to understand the needs of my business have served my business well. David continues to be my real estate professional of choice.” Ben Johnson

Crash Rescue Equipment Service, Inc. re-manufactures airport firefighting trucks for municipal and military airports worldwide. Bob & Sharon Relyea were leasing about 18,000 sq. ft. on less than an acre when I met them. They needed more outside storage area and they preferred to own their facilities. Like most companies, their business goes through cycles. The second building they bought was across the street from the first. After acquiring it, they had to scale back. So, we leased the building out and later sold it to that tenant. Recently, I was able to put them in the building they really needed with abundant outside storage and heavy crane service throughout.

• Purchase of a 25,000 sq. ft. industrial building on 3.5 acres

• Purchase of a 20,000 sq. ft. industrial building on 2.2 acres

• Disposition by lease of the 20,000 sq. ft. building

• Sale of the 20,000 sq. ft. building

• Purchase of 110,000 sq. ft. industrial building on 18 acres

• Sale of the 25, 000 sq. ft. building

• Sale of 25 acres of investment land

“David has provided an immense amount of research and sees that all the details are efficiently handled while we are able to focus on our business. We’re like many entrepreneurial companies. Yes, we plan ahead, but we need things right now. That’s a big part of what David has brought to Crash Rescue. He has so many resources and contacts that help to make the process go smoothly. Also, since we’ve completed several transactions together, it’s nice to have one person that knows our history so you don’t have to explain the needs over and over again.”

Bob & Sharon Relyea, CEO & CFO

Crash Rescue Equipment Service, Inc.

Larry & Patricia Byrd received two parcels of land on the outskirts of Pharr and McAllen, Texas, from her parents in 1971. For years the land was farmed. As the cities grew and development increased, they decided that it might be time to sell their land. I took a listing on these properties in 2003. We had a very patient marketing plan. Our plan was to make the properties available and let the market come to us. Our goal was to sell to the developer who would develop the end user sites. This would allow the Byrd’s to achieve the highest possible value without having to make the investment of time and money to develop the sites. We sold the first site in 2004 and the last site early in 2006.

  • Sale of 23 Acres
  • Sale of 26 Acres
  • Sale of 9 Acres

“Pat and I have known David Jackson for nearly twenty years through our joint involvement in Bible Study Fellowship. During the first fifteen years of our friendship we knew him to be a Godly young man and a man of absolute integrity. We, of course, knew his profession was commercial real estate and when we were approached by a potential purchaser for one of two farm land parcels in the Pharr-McAllen area, we immediately contacted David to represent us. He represented us as a coach/mentor/friend during the complicated process of negotiation and sale of our two parcels of farm land in three increments to three different purchasers. We highly recommend David to anyone considering sale, lease or purchase of property.”

Larry and Pat Byrd

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DAVID W. JACKSON, CCIM, SIOR, SEC

214.244.4424

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