Exclusive: Nuveen Sells 403 KSF Dallas Facility
A prefab manufacturer acquired the asset.
Nuveen Real Estate has sold a 403,200-square-foot warehouse in Dallas to BakerTriangle, according to Yardi Matrix. Frost Bank issued a $27.3 million acquisition loan.
The property debuted in 2001 on a 29-acre site at 4130 Port Blvd. in southern Dallas, near Interstate 20 and about 3 miles from its intersection with Interstate 45. This submarket has seen its fair share of recent industrial deals, including Ares’ divestment of a 610,622-square-foot asset located less than 8 miles away.
The new owner, a prefab company, operates a manufacturing facility in the northern submarket of Richardson, Texas, while its corporate headquarters are in the Dallas suburb of Mesquite, Texas. Its newly purchased facility features a 26-foot clear height, one grade-level door and 94 dock doors.
Nuveen has $34 billion in assets under management across the globe, a figure set to nearly double once its acquisition of Schroders closes during the third quarter. However, most of the new assets are overseas across European markets.
In the U.S., Nuveen’s industrial collection clocks in at 96 million square feet across 34 markets. Recently, the company has been adjusting its commercial real estate inventory with the sale of a 1.6 million-square-foot industrial portfolio to MDH Partners.
Industrial investors continue flocking to Dallas
Dallas registered nearly $1.8 billion trading throughout industrial deals during the first four months of 2026, according to a Yardi Matrix report. The Metroplex is a detached leader in terms of deal volume, 36 percent higher than the second entry, New Jersey.
The $207.5 million deal between Mapletree Investments and Dalfen Industrial fueled part of Dallas’ deal volume. The two firms traded a nearly 1.4 million-square-foot collection, including 19 shallow-bay warehouses, of which 13 were within the Metroplex.
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