JLL Capital Markets negotiated the sale of the DFW Bulk Portfolio, a 1,666,553-square-foot industrial portfolio comprising four institutional-grade properties across three premier Dallas-Fort Worth submarkets.
JLL represented the seller in the sale to an Ares Real Estate fund. Ares Industrial Management, a leading owner and operator of logistics facilities, will manage the portfolio.
The properties are strategically positioned throughout the North Fort Worth, East Fort Worth and Great Southwest submarkets. Collectively, the four facilities showcase institutional-grade logistics specifications with clear heights averaging 33 feet.
The properties feature a total of 318 dock-high doors and 13 grade-level doors across 122.6 acres, with average truck court depths of 162 feet, enabling efficient freight operations. The portfolio includes 1,094 car parking spaces and 179 trailer stalls, with buildings constructed between 1999 and 2017. Each property provides immediate access to major thoroughfares, positioned an average of less than a half mile from interstate highways throughout the Dallas-Fort Worth logistics corridor.
The portfolio is fully leased to six tenants across diverse industries, including apparel distribution, third-party logistics, environmental services, portable storage solutions, HVAC distribution and automotive services.
The JLL Capital Markets team representing the seller included Industrial Group Co-Head and Senior Managing Director Trent Agnew, Senior Director Tom Weber and Director Pauli Kerr, Associate Keenan Ryan and Analyst Brennan Fewin.