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15277 Heritage Parkway

Jim Clewlow Of CenterPoint Properties Acquires Class-A Industrial Facility In Fort Worth For $24.5M
SOLDIndustrial

Jim Clewlow Of CenterPoint Properties Acquires Class-A Industrial Facility In Fort Worth For $24.5M

15277 Heritage Parkway

Building Size

103,803 SF

Asset Type

Industrial

Closing

Dec 18, 2025

AI

The property asset involved in this transaction is an industrial facility located at 15277 Heritage Parkway in Fort Worth, Texas. This Class-A distribution facility spans 103,803 square feet and is situated on an 8-acre site in the high-demand Alliance industrial submarket. The facility is fully leased and features include 32-foot clear heights, 27 dock-high doors, and ESFR sprinklers.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not disclosed
  • Square Footage: 103,803 SF
  • Address: 15277 Heritage Parkway
  • Market: Fort Worth
  • Acres: 8
  • Buyer: Jim Clewlow - CenterPoint Properties
  • Broker: CBRE National Partners

Jim Clewlow, representing CenterPoint Properties, has made this investment, marking their first property acquisition in the city and the eighth in the Dallas-Fort Worth area. The deal was facilitated by CBRE National Partners, highlighting their involvement in the transaction.

Players

CBRE
CBREBrokerage

Jim Clewlow

CenterPoint Properties

Buyer

$404.3M

vol

6 deals

Buyer

Fort Worth Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93