New York investor grabs DeSoto industrial complex
Office and warehouse center is home to millwork firm.
The almost half million square-foot industrial complex houses operations for DW Distribution.(Newmark)
Royal Oak Realty Trust of New York has bought the DW Distribution Inc. campus on Centre Park Boulevard in DeSoto.
The 476,341-square-foot industrial facility is leased long-term to building products firm DW Distribution. The property includes warehouse and distribution space, storage and offices.
Royal Oak Realty Trust bought the industrial complex from Illinois-based Brennan Investment Group, which had owned the property since 2017.
DW Distribution, a family owned millwork and building products company in business since 1955, has more than a 10-year lease on the property.