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
Fort Worth Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
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