Founders Properties, a private real estate investment management firm focused exclusively on industrial properties, announced the acquisition of Centerport 1, a 122,259-square-foot infill distribution facility located in Fort Worth, Texas. 

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Originally built in 1984, the property is fully leased to a single tenant under a long-term agreement. The acquisition, further strengthening Founders Properties' footprint in high-demand industrial markets, aligns with the company's strategic focus on quality assets in supply-constrained locations. 

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The property is located in the CentrePort Business Park, a 1,300-acre, master-planned industrial hub that hosts over 150 companies, offering immediate access to major highways. It is situated just south of Dallas-Fort Worth International Airport in the Great Southwest submarket, equidistant between Dallas and Fort Worth. Known for its central location, ample labor pool, and exceptional freeway access, the Great Southwest submarket consistently ranks as one of the top-performing industrial zones in Texas. 

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The facility lies in the Great Southwest submarket, one of the most prominent industrial areas within the DFW metroplex. Known for its central location, ample labor pool, and exceptional freeway access, the Great Southwest submarket consistently ranks as one of the top-performing industrial zones in Texas.

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About Founders Properties
Founders Properties is a privately held real estate investment management company based in Minneapolis, MN. The firm has been investing in private commercial real estate for 25 years on behalf of high-net-worth and institutional investors. Founders’ expertise is in industrial properties.

 

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Media contact:

Maureen Richardson, River Communications

mrichardson@riverinc.com

(914) 686-5599