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

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:

• Property Type: Industrial
• Transaction Amount: $72.4 million
• Buyer: Matt Cimino - WPT Capital Advisors
• Seller: LBA Realty
• Brokers: Andrew Griffin, Pauli Kerr, Trent Agnew & Tom Weber - JLL

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.