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Colliers Negotiates Sale of 48,000 SF Golden Heights Business Park in Fort Worth


Golden Heights Business Park in Fort Worth totals 48,000 square feet.

Colliers International has negotiated the sale of Golden Heights Business Park, a 48,000-square-foot industrial flex property in Fort Worth. The property consists of four buildings that were built in 2017 and were fully occupied at the time of sale. Cody Payne, Austin Edelmon and Michael Tran of Colliers represented the seller, a private investor, in the transaction. The buyer was an out-of-state 1031 exchange investor.

This prime asset is favorably situated in the Alliance Industrial submarket near the Alliance Town Center, the heart of activity for the rapidly growing Alliance Region. Stretching from North Tarrant Parkway to Golden Triangle Boulevard, Alliance Town Center is a vibrant community, anchored by a robust health and wellness district and energized by a variety of shopping, dining, and entertainment options. The surrounding area is experiencing substantial growth and many new developments, including the new Amazon distribution center.


Read article at RE Business Online

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Cody Payne

Senior Vice President

Fort Worth

Cody Payne is Senior Vice President at Colliers International in Fort Worth, Texas and specializes in selling Office and Industrial investment properties in the Dallas/Fort Worth market. Over the past 12 years, Cody has closed more than 500 commercial real estate transactions. Combined with Colliers International Platform and Cody’s extensive knowledge and expertise of leasing, management, market conditions and business, The Payne Office & Industrial Team provides their clients and investors the opportunity to maximize value while creating a competitive advantage that yields the best results.

Prior to joining Colliers International, Cody worked at Marcus & Millichap and Sperry Van Ness/Dunn Commercial for over 10 years, where he specialized in Office and Industrial investment sales, management and leasing. While there, Cody had a very successful and prominent leasing team of highly experienced and transactional agents. Through Cody’s leadership and direction, the team grew the company’s portfolio to actively leasing over 40 buildings. Cody has extensive experience in the Office and Industrial leasing sector having worked with many major companies from Local/Regional to Fortune 500 companies and GSA leases.

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Austin Edelmon

Senior Associate

Fort Worth

Austin Edelmon is an Associate in the Capital Markets Group for Colliers International. He specializes in selling Office and Industrial investment properties in the Dallas Fort Worth area. Austin values building trust with his clients to provide exceptional services in the acquisition, reposition, and disposition of their assets throughout the North Texas region. 

Prior to joining Colliers Internantional, Austin worked at Marcus & Millichap where he focused on  Single Tenant Net Lease Investments before transitioning into Office and Industrial sales with the Texas Office and Industrial Group led by Cody Payne. Austin graduated from Texas Tech University where he obtained a Bachelor of Science degree in Agricultural and Applied Economics. 

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Michael Tran

Senior Associate

Fort Worth

Michael Tran is a Senior Associate in the Capital Markets Group for Colliers International Dallas-Fort Worth where he specializes in acquisitions and dispositions of Triple Net, Office, and Industrial real estate properties in Dallas-Fort Worth and all throughout Texas.    

Prior to joining Colliers International, Michael Tran leased over 50 real estate properties throughout Dallas-Fort Worth. His knowledge base in leasing and managing properties sets him apart from many agents by knowing and understanding what it takes to successfully operate and add true value to investment buildings. During his four years of leasing and managing, Michael generated over $82 million in real estate value for his clients in Texas. Michael and Team have closed over 850+ Investment transactions  making the team the most active office & industrial investment team in the DFW area. 

Michael Tran brings a unique skill set  having leased and managed office, industrial and retail real estate buildings for years prior to joining Colliers International. Michael specializes in office, industrial and retail real estate investments. He understands the complex nature of these assets and what it takes to lease and manage on a day-to-day basis providing his clients with practical experience, market leading information, and advisory services. Michael has been nominated as one of Dallas-Fort Worth top commercial brokers during his time in the industry.

Michael Tran has always been a very hard worker and competitive individual, playing competitive tennis. He graduated from University of North Texas with a degree in International Studies.

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