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 – Fort Worth-based Corinth Land Co. has recently expanded its industrial portfolio in North Texas with the acquisition of the South Airport Circle Business Park, a significant addition to its real estate assets. The property, located at 1131 South Airport Circle in Euless, Texas, spans an impressive 19,000-square-foot and serves as a multi-tenant industrial flex facility.
The transaction for the South Airport Circle Business Park was completed on August 1, 2025, and the business park is fully leased, showcasing its immediate income potential. This marks Corinth Land Co.’s third acquisition in the Euless area, underscoring the company’s commitment to this growing submarket.
Financing for the acquisition was arranged through Tim Whitlock at Pinnacle Bank of Cleburne, while Corinth Land Co. contributed equity for this strategic investment. The location is significant, as it is situated in a supply-constrained infill submarket of the Dallas-Fort Worth (DFW) region, which is known for its high demand for industrial space.
Danny Peters, the broker of record for Corinth Land Co., pointed out that the acquisition illustrates a strategic move to expand their industrial flex portfolio within Euless. The property was sourced off-market, allowing the company to acquire a fully stabilized asset without the competitive pressures typically found in public listings.
This acquisition is aligned with Corinth’s broader strategy of focusing on high-performing submarkets throughout North Texas. The company was founded in 2006 by Paun Peters, initially concentrating on oil and gas surface sites and easements in the Barnett Shale. Since then, Corinth Land Co. has broadened its scope to include commercial and residential real estate investments across Texas and North America.
Paun Peters characterized the acquisition as a well-calculated enhancement to the company’s portfolio. The strategic location and stabilized tenancy of the South Airport Circle Business Park perfectly fit their long-term investment plans for the Euless area. Furthermore, the integration of this property is expected to bolster operational efficiency and market momentum for Corinth Land Co., reinforcing its strong foothold in the North Texas industrial market.
The process of securing the acquisition highlights the importance of building solid local relationships within the real estate sector. Such connections can facilitate smoother transactions and provide opportunities for well-positioned investments, as demonstrated by Corinth’s successful track record in the Euless area.
Overall, the acquisition of the South Airport Circle Business Park reinforces Corinth Land Co.’s position as a key player in the North Texas industrial real estate market. As the demand for industrial space continues to grow, the company remains well-positioned to leverage its strategic assets and maintain its trajectory of growth in this competitive landscape.
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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