BGO and Alliance Industrial Company acquired Northwest Commerce Park Building 2. The 266,152-square-foot Class-A industrial property is located at 2765 Highway 114 in Fort Worth, Texas, and was acquired through a joint venture between the two firms.
For BGO, this off-market transaction represents the fourth acquisition for its U.S. industrial value-add strategy.
Completed in 2020, Northwest Commerce Park Building 2 is a modern, single-story front-load distribution facility located in the NE Tarrant/Alliance industrial submarket. The property features 32-foot clear heights, 51 dock-high doors, two drive-in doors, a 185-foot concrete truck court, 46 trailer stalls and 135 parking spaces.
The property offers direct frontage on State Highway 114 with convenient access to Interstate 35W and is situated near key transportation and logistics infrastructure, including BNSF’s Alliance Intermodal facility and Perot Field Fort Worth Alliance Airport. Its location within the Alliance corridor provides connectivity across the Dallas-Fort Worth region and supports a broad range of distribution, logistics and advanced manufacturing users.
Seyfarth Shaw LLP acted as legal counsel for BGO.
