Fort Worth, Texas

CBRE Investment Management Fund Acquires 953,000-Square-Foot Logistics Park in Fort Worth, Texas

October 6, 2021

Picture of a logistics facility

Media Contact

Pam Barnett

Senior Director, Corporate Communications

Photo of pam-barnett

A fund sponsored by CBRE Investment Management – formerly known as CBRE Global Investors – has acquired a 952,764-square-foot logistics park located outside of Fort Worth, Texas. Known as 820 Exchange, the property consists of four newly constructed Class A logistics assets that are currently 72% leased to three tenants. 

This investment is consistent with the firm’s recent creation of a globally aligned sector-specific logistics team and commitment to scale logistics efforts. Other recent acquisitions as part of this focus include a development site in Tracy, Calif., to build a state-of-the-art logistics center in partnership with Trammell Crow Company, and a portfolio of logistics assets in Atlanta, Baltimore, and Chicago via a joint venture with Duke Realty Corporation.

The buildings that make up 820 Exchange, which is situated in Haltom City, Texas, are:

  • Building 1, located at 4251 Northern Cross Boulevard, spans 427,908 square feet and includes 36’ clear height and a cross-dock configuration. The asset is 100% leased.
  • Building 2, located at 5030 Anderson Boulevard, spans 138,600 square feet and features a single-load docking layout, 30’ clear height, a shared central truck court, and ample trailer and vehicular parking suitable for single or multi-tenant occupancy. The asset is partially leased by a single user with availability for additional users.
  • Building 3, located at 5020 Anderson Boulevard, spans 158,400 square feet and features a single-load docking layout, 30’ clear height, a shared central truck court, and ample trailer and vehicular parking suitable for single or multi-tenant occupancy. The asset is vacant and available for lease.
  • Building 4, located at 4250 Northern Cross Boulevard, spans 227,856 square feet and features 32’ clear height and a rear-load layout. The asset is 100% leased.

“820 Exchange features state-of-the-art logistics construction, amenities and characteristics, along with a highly functional design that today’s modern logistics users have come to expect when looking to expand their industrial footprint in key markets,” said Mary Lang, Head of Americas Direct Logistics Strategies and Portfolio Manager for CBRE Investment Management. “This particular asset is one of the newest developments in a land-constrained submarket; the premier in-fill location offers interstate frontage and immediate access to major consumer and labor populations in the surrounding area.”

820 Exchange is located along I-820 within the Meacham/Fossil Creek submarket and in close proximity to multiple major thoroughfares, including I-35W, SH-114, SH-121, and SH-26. The location provides reach to nearly 400,000 households within a 10-mile radius and 1 million households within a 20-mile radius. The submarket is home to numerous household brand-name and logistics users, signaling the desirability to locate in the area and operate fulfillment and last-mile distribution from this location.

About CBRE Investment Management
CBRE Investment Management is a leading global real assets investment management firm with $129.1 billion in assets under management* as of June 30, 2021, operating in more than 30 offices and 20 countries around the world. Through its investor-operator culture, the firm seeks to deliver sustainable investment solutions across real assets categories, geographies, risk profiles and execution formats so that its clients, people and communities thrive. 

CBRE Investment Management is an independently operated affiliate of CBRE Group, Inc. (NYSE:CBRE), the world’s largest commercial real estate services and investment firm (based on 2020 revenue). CBRE has more than 100,000 employees serving clients in more than 100 countries. CBRE Investment Management harnesses CBRE’s data and market insights, investment sourcing and other resources for the benefit of its clients. For more information about CBRE Investment Management, please visit

*Assets under management (AUM) refers to the fair market value of real assets-related investments with respect to which CBRE Investment Management provides, on a global basis, oversight, investment management services and other advice and which generally consist of investments in real assets; equity in funds and joint ventures; securities portfolios; operating companies and real assets-related loans. This AUM is intended principally to reflect the extent of CBRE Investment Management’s presence in the global real assets market, and its calculation of AUM may differ from the calculations of other asset managers and from its calculation of regulatory assets under management for purposes of certain regulatory filings.