The situation
An exchanger needed placeable commercial inventory on a 1031 clock. The thesis was flex / light industrial in a growth DFW submarket — with a structure that holds up as acquisition of real property (title/equity interest), not funding a construction contract.
What Hartley did
- Structured the replacement as an interest in the Waxahachie flex project (1 Butcher Road, Waxahachie, TX)
- Kept the education clear: acquisition of real property; construction draws sit with the project lender path (QI/CPA framing)
- Worked the Peak → Hartley inventory path so the exchanger had something real to identify
The property
- Type
- Flex industrial
- Size
- 46 units · 62,100 SF
- Market
- Waxahachie, TX (DFW)
- Developer / ops context
- Peak Flex
- Listing status on site
- Placed
The card stays on current properties for proof and education.
Outcome
The exchange closedinto Waxahachie Flex Industrial. This page is a success story — proof the path works — not an open offering.
Peak → Hartley
Near-term 1031 inventory often includes Peak projects while Hartley’s own book builds. We say that plainly.