IRVING, TX—The Dallas-Fort Worth industrial market continues its record run as one of the top in the country from a growth perspective. From fourth quarter 2019 to third quarter 2020, 33.7 million square feet was delivered, more than any other 12-month period.
One of the industrial properties developed in 2019 was Gateway Logistics Center. This five-building 1.4-million-square-foot class-A industrial park is situated near the south entrance of Dallas-Fort Worth International Airport. DFW Airport is one of the most desirable industrial submarkets in the Dallas-Fort Worth area.
BentallGreenOak recently acquired the industrial park on behalf of an institutional investor. The price was undisclosed.
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Lisa Brown
Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.
