527 - 529 Shepherd Dr. Garland, TX

Matador acquired this asset through an off-market opportunity in late 2020. The property, long held by a widow, presented strong repositioning potential in a supply-constrained Garland submarket. Despite the buildings’ 10' clear height, the deal’s favorable pricing, infill location, and excess land made it a compelling acquisition. Matador completed significant renovations, including roof replacements, upgraded lighting, full interior and exterior repainting, and yard improvements. After stabilization, two users emerged—each interested in a separate building—allowing Matador to execute individual sales and maximize overall proceeds.

• Size: 26,116 SF

• Land: 1.56 AC

• Tenant Type: Single