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WPT Capital Advisors Acquires Elizabeth Creek Gateway Industrial Complex From LBA Realty For $72.4M

Property Image
SOLD
Tom  Weber
Trent Agnew
+ 2

Texas

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Industrial1,100,000 SF
Sold 03/14/2025
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Property Image
SOLD

WPT Capital Advisors Acquires Elizabeth Creek Gateway Industrial Complex From LBA Realty For $72.4M

15716 Wolff Crossing

See Similar Deals
Industrial1,100,000 SF
Sold 03/14/2025
Tom  Weber
Trent Agnew
+ 2
Contact now

Summary

TEXAS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:1,100,000 SF
Transaction Type:Sale

The property asset involved in this transaction is an industrial complex located at 16000 & 15716 Wolff Crossing in Fort Worth. The total asset spans 1,100,000 square feet. The property was appraised at $79.1 million in 2024 and is part of the AllianceTexas development, which includes an Amazon distribution center.

Summary of transaction details:

This transaction expands WPT Capital Advisors' North Texas portfolio with the acquisition of the Elizabeth Creek Gateway industrial complex from LBA Realty. The brokers involved in this deal from JLL are Andrew Griffin, Pauli Kerr, Trent Agnew, and Tom Weber.

Players

Trent Agnew
63 deals$486M volume
BROKER

Tom  Weber
8 deals
BROKER

Pauli Kerr
JLL
16 deals
BROKER


Matt Cimino
2 deals$51.1M volume
BUYER

Details

SOLD
IMAGE: Matt Cimino, Andrew Griffin, Pauli Kerr, Trent Agnew & Tom Weber DATE: 03/14/2025 ADDRESS: 16000 & 15716 Wolff Crossing MARKET: Fort Worth ASSET TYPE: Industrial ~ SF: 1,100,000 BUYER: Matt Cimino - WPT Capital Advisors SELLER: LBA Realty (@LBA_Realty) BROKERS: Andrew Griffin, Pauli Kerr, Trent Agnew & Tom Weber - JLL (@JLL) NOTE: WPT Capital Advisors expanded its North Texas portfolio by acquiring the 1.1-million-square-foot Elizabeth Creek Gateway industrial complex in AllianceTexas from LBA Realty using a $72.4 million PCCP loan. The property, which includes an Amazon distribution center and was appraised at $79.1 million in 2024, adds scale and quality to the firm's holdings in a high-impact economic submarket.

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