CenterPoint Properties, an industrial real estate firm based in Illinois, has invested in a newly-constructed, Class A distribution facility at “the front door” of the coveted Alliance corridor in north Fort Worth.
The drivers of the firm’s interest in the property at 15277 Heritage Parkway were its “incomparable combo of features and location,” said Rives Nolen, SVP of investments for CenterPoint’s Central Region.
“You’d be hard-pressed to find its equal, even in a market flush with new product deliveries in recent years,” Nolen said. “It’s an outstanding accretive addition to CenterPoint’s growing DFW portfolio.”
The firm finalized the deal in December.
The 103,803-square-foot food-grade distribution facility is fully air-conditioned, features a 32-foot clear height, 27 dock-high doors, a drive-in, and an ESFR sprinkler system.
The more than 8-acre property accommodates parking for over 120 cars and features enhanced security, including fencing surrounding the entire building and a guard shack to help monitor the site’s single ingress/egress point.
Alliance’s industrial market witnessed a net absorption of more than 2 million square feet in 2025 alone. Overall, CBRE said DFW had its 60th consecutive quarter of positive absorption in Q3 2025.
CBRE National Partners represented the seller.