Updated Sep 2, 2026
BGO And Alliance Residential Company Acquire 266,152 Square Foot Industrial Property In Fort Worth
2765 State Highway 114
Building Size
266,152 SF
Asset Type
Industrial
Closing
Aug 26, 2026
About this deal
AI
The industrial property located at 2765 Highway 114 in Fort Worth, Texas, was recently acquired as a joint venture. The asset encompasses 266,152 square feet and is situated on 16.4 acres in the Alliance submarket. Constructed in 2020, it features 32-foot clear heights and includes 51 dock-high doors, providing direct access to State Highway 114 and Interstate 35W.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Undisclosed
- Address: 2765 Highway 114
- Market: Fort Worth, TX
- Square Footage: 266,152 SF
- Acres: 16.4
- Buyers: Sonny Kalsi & John Carrafiell - BGO; Cyrus Bahrami - Alliance Residential Company
A joint venture between BGO and Alliance Industrial Co. successfully completed the acquisition, marking a significant investment in the industrial sector of Fort Worth. The involvement of Sonny Kalsi and John Carrafiell from BGO, alongside Cyrus Bahrami from Alliance Residential Company, highlights the collaboration between leading firms in the real estate industry.
Players
Highway 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