News Summary
Corinth Land Co. has acquired the South Airport Circle Business Park in Euless, Texas, enhancing their industrial real estate portfolio. Spanning 19,000 square feet, this fully leased property underscores their commitment to growth in the North Texas area. With solid local relationships and strategic positioning in a supply-constrained market, the acquisition reflects a calculated move that aligns with their long-term investment strategy, boosting operational efficiency and supporting the local economy.
Texas – Corinth Land Co., a Fort Worth-based real estate investment firm, has expanded its industrial portfolio in North Texas with the acquisition of the South Airport Circle Business Park. This property, located at 1131 South Airport Circle in Euless, Texas, is a 19,000-square-foot, multi-tenant industrial flex facility that is fully leased and serves as the company’s third purchase in the Euless area.
The acquisition closed on August 1, 2025, with the financing for this transaction provided by a representative from Pinnacle Bank of Cleburne. Corinth Land Co. contributed equity towards the acquisition, further solidifying its investment in the DFW region.
This acquisition represents a significant strategic move for Corinth Land Co. as it focuses on expanding its industrial flex portfolio in key submarkets like Euless. The business park was sourced off-market, allowing for the acquisition of a fully stabilized asset, which aligns with the company’s focus on high-performing areas across North Texas.
Market Context and Company Background
The South Airport Circle Business Park is situated in a supply-constrained infill submarket of the Dallas-Fort Worth region, making it an attractive asset for investors. The location and its fully leased status contribute to its value and appeal within a competitive market.
Corinth Land Co., founded in 2006 by Paun Peters, originally centered its efforts on oil and gas surface sites and easements in the Barnett Shale. Over the years, it has successfully transitioned into commercial and residential real estate investments across Texas and North America.
Paun Peters described this acquisition as a carefully calculated addition to the company’s portfolio, emphasizing that the asset’s location and its stabilized tenancy fit well within Corinth’s long-term investment strategy in Euless.
Impact and Future Outlook
The integration of South Airport Circle Business Park is expected to enhance operational efficiency for Corinth Land Co. and contribute to ongoing market momentum. The company is committed to building and maintaining strong local relationships, which play a crucial role in facilitating transactions like this one.
As Corinth continues to grow its presence in North Texas, it aims to leverage these assets to meet the increasing demand for industrial space while maintaining a focus on high-quality, stable investments.
The acquisition of the South Airport Circle Business Park highlights Corinth Land Co.’s proactive approach in a dynamic real estate market, showing a clear strategy to strengthen its holdings and capitalize on opportunities in key submarkets.
Deeper Dive: News & Info About This Topic
- Fort Worth Inc: Corinth Land Co. Acquires Fully Leased Industrial Flex Property
- BDT Online: Corinth Land Co. Expands Euless TX Footprint
- Fort Worth Inc: Lancarte Commercial Represents Buyer in Fort Worth Office Acquisition
- Business Wire: iLead Realty Group Assists Corinth Land Company
- Dallas News: Fort Worth Investor Snaps Up Industrial Property
- Wikipedia: Industrial Real Estate
- Google Search: Euless Texas Real Estate
- Google Scholar: Industrial Flex Property Euless
- Encyclopedia Britannica: Real Estate
- Google News: Corinth Land Co
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