News Summary
Fort Worth is experiencing a significant industrial real estate boom, boasting the largest construction pipeline in the U.S. with 7.7 million square feet across 20 ongoing projects. Notably, Hillwood’s AllianceTexas is a major driver of this growth, with substantial new leases and sales recorded. The DFW area showcases an impressive tenant demand, indicating its attractiveness for businesses. CanTex Capital and S2 Capital are also making moves in the sector, further cementing Fort Worth as a key player in industrial real estate development.
Texas is experiencing significant growth in industrial real estate development, with far north Fort Worth leading the nation in active construction projects. According to CoStar Group, the region currently boasts the largest industrial real estate pipeline in the United States, featuring a total of 7.7 million square feet across 20 ongoing projects.
At the heart of this development is Hillwood, which has established the 27,000-acre AllianceTexas. This development is the largest submarket in the Dallas-Fort Worth area and plays a crucial role in accommodating the rising industrial tenant demand, which has reached 22.3 million square feet of absorption in the past twelve months.
Hillwood is particularly influential in this industrial boom, as it spearheads two of the top three projects in the pipeline. The first, Westport 24, will span 1.15 million square feet, while the second, Alliance Westport 14, has been acquired by Wistron Corp and will cover 767,000 square feet. In addition to these projects, Hillwood plans to initiate construction on another 1.1 million square feet across two new sites set to break ground in 2026.
Recent leasing activity in Fort Worth has also contributed to the robust industrial market. LanCarte Commercial has finalized a lease agreement for a 31,780-square-foot industrial building located at 14485 U.S. 377. This property sits on a 3-acre site and consists of 2,415 square feet of office space. This expansion reflects the continued demand for industrial spaces in the area, particularly from entities like Tarrant County Emergency Services.
Additionally, CanTex Capital recently announced the sale of an eight-building, 44-acre industrial outdoor storage portfolio to Stockbridge Capital Group. This portfolio, which is fully leased, is positioned in high-demand submarkets and offers essential access to major freeways and rail hubs, along with its close proximity to the Dallas-Fort Worth Airport.
CanTex Capital has been actively engaged in the market, having transacted over 8.3 million square feet of Class B industrial space since 2020. Their portfolio supports various industrial uses, which is contributing to the overall growth of industrial real estate in the region.
Another significant move in Texas industrial real estate is S2 Capital’s acquisition of Fort Capital, which encompasses an 11 million-square-foot industrial portfolio primarily concentrated in Texas. This acquisition signifies S2 Capital’s entry into the industrial sector, with Fort Capital now poised to focus on acquiring value-add and core-plus industrial assets in high-growth markets throughout the United States.
S2 Capital has a diverse portfolio, owning approximately 28,000 multifamily units valued at about $5 billion. Since its inception, Fort Capital has executed over $2.1 billion in transactions totaling more than 21 million square feet and has raised $403 million in equity.
The rapid growth of industrial real estate in Fort Worth illustrates a broader trend in the Dallas-Fort Worth area, where demand continues to rise and new developments are underway. As Texas continues to attract businesses and investments, the industrial sector remains a vital component of the state’s economic landscape.
Deeper Dive: News & Info About This Topic
- Fort Worth Inc: LanCarte Commercial Finalizes Lease
- Business Wire: CanTex Capital Announces Sale
- WFAA: North Fort Worth Has Largest Industrial Pipeline
- JLL: Dallas-Fort Worth Industrial Insights
- Dallas Innovates: S2 Capital to Acquire Fort Worth-Based Fort Capital
Author: STAFF HERE COLLEGE WRITER
The COLLEGE STATION STAFF WRITER represents the experienced team at HERECollegeStation.com, your go-to source for actionable local news and information in College Station, Brazos County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as the Brazos Valley Fair & Rodeo, Chilifest, and Aggie Muster. Our coverage extends to key organizations like the Bryan-College Station Chamber of Commerce and United Way of the Brazos Valley, plus leading businesses in education, biotechnology, and retail that power the local economy such as Texas A&M University, Fujifilm Diosynth Biotechnologies, and H-E-B. As part of the broader HERE network, including HEREAustinTX.com, HEREDallas.com, HEREHouston.com, and HERESanAntonio.com, we provide comprehensive, credible insights into Texas's dynamic landscape.
