Franz F. Colloredo-Mansfeld Acquires 1.03 Million Square Foot Industrial Portfolio In Fort Worth

The property asset involved in this transaction comprises The Mark IV, a 1,030,000-square-foot, fully leased Class A industrial portfolio. It is located at 2340, 2233 & 2121 Providence Drive in Fort Worth, TX, specifically situated in a supply-constrained infill logistics submarket. This three-building asset is leased to six tenants and is strategically positioned near significant transport routes including I-35W and I-820.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: Not disclosed
• Address: 2340, 2233 & 2121 Providence Drive
• Market: Fort Worth, TX
• Asset Size: 1,030,000 square feet
• Buyer: Franz F. Colloredo-Mansfeld - Cabot Properties

Franz F. Colloredo-Mansfeld, representing Cabot Properties, executed the acquisition of this industrial portfolio. The deal supports Cabot’s strategy to target high-growth logistics hubs while expanding its footprint in the Meacham/Fossil Creek corridor, which is known for its constrained supply in logistics facilities.