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Fort Worth-based Corinth Land Co. has expanded its North Texas industrial portfolio with the acquisition of the South Airport Circle Business Park, marking Corinth’s third acquisition in the Euless area.
Fort Worth-based Corinth Land Co. has bolstered its North Texas industrial holdings with the acquisition of the South Airport Circle Business Park, a 19,000-square-foot, multi-tenant industrial flex property at 1131 South Airport Circle in Euless.
The fully leased facility marks Corinth’s third acquisition in the Euless area.
The transaction closed Aug. 1, with financing provided by Tim Whitlock at Pinnacle Bank of Cleburne and equity from Corinth Land Co., according to a press release.
“This acquisition represents a strategic expansion of our industrial flex portfolio in Euless, where we already maintain a substantial presence,” said Danny Peters, broker of record for Corinth Land Co. “The property was sourced off-market, allowing us to secure a fully stabilized, multi-tenant asset in one of the most supply-constrained infill submarkets in the DFW region. Opportunities of this caliber rarely come to market, so we appreciate our strong local relationships that were instrumental in making this transaction possible.”
The acquisition aligns with Corinth’s focus on high-performing submarkets across North Texas. Founded in 2006 by Paun Peters, the company began with oil and gas surface sites and easements in the Barnett Shale before expanding into commercial and residential real estate investments across Texas and North America.
“This was a highly calculated addition to our portfolio,” said Paun Peters, Corinth president. “The asset’s infill location and stabilized tenancy align perfectly with our long-term investment strategy in Euless, where we’ve built significant operational scale. Integrating this property enhances our operational efficiency and market momentum. We acted quickly to capitalize on an off-market opportunity that complements our existing footprint.”