FORT WORTH, TX – BGO a leading global real estate investment manager, and Allinace Industrial Company, a vertically integrated industrial real estate investment, development and operating company, today announced the successful acquisition of 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.

“Northwest Commerce Park Building 2 reflects the type of highly functional, industrial asset we continue to target in established U.S. distribution markets,” said Karen Guthrie, Managing Director, BGO. “Combining institutional-quality construction, efficient front-load functionality, with a strategic location in one of the country’s most important logistics markets, we believe the asset is well positioned to serve a broad range of industrial users. We are pleased to partner with Alliance Industrial Company as we work to enhance the property’s long-term value.”

“Northwest Commerce Park Building 2 marks the first DFW acquisition for Alliance Logistics Fund I. We are pleased to partner with BGO on a Class A asset in one of the metroplex’s most sought-after industrial submarkets. Acquisitions like this reflect our continued conviction in DFW as a top-tier logistics market,” said Levi Hermes, Managing Director, Alliance Industrial Company.

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.

Media Contact: Kali Hammond, managing director at Poston Communications, [email protected]