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CORSICANA, TEXAS — Milwaukee-based Phoenix Investors has purchased a 1.5 million-square-foot industrial park in Corsicana, a southern suburb of Dallas. The 172-acre property was originally constructed as a build-to-suit distribution center for K-Mart and later utilized by The Home Depot as a regional logistics hub. The property was fully leased at the time of sale and includes 26- to 28-foot clear heights, 109 dock doors and 983 trailer parking spaces. In addition, the facility underwent major renovations in 2018, including a new roof installation. Pauli Kerr of JLL brokered the deal. The seller and sales price were not disclosed.