Cabot Properties Acquires 1 MSF Industrial Portfolio in Fort Worth

Cabot Properties has acquired The Mark IV, a three-building, 1,025,500-square-foot industrial portfolio in Fort Worth, Texas. The seller was Dalfen Industrial, according to Yardi Matrix.

Dalfen had previously purchased the portfolio from Crow Holdings in September 2020 for $83.1 million, the same source shows. Completed in 2020, the property is in Fort Worth’s infill Meacham/Fossil Creek submarket.

Building 1 is 581,000 square feet, Building 2 is 205,000 square feet and Building 3 is 239,500 square feet.

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The buildings feature 32- to 36-foot clear heights, cross-dock and front-load configurations, ESFR sprinkler systems, LED lighting and 185-foot truck court depths. They are fully leased to six tenants, including DHL, AER Precision Transmission, Intermodal Bridge Transport and CSG Forte, according to Yardi Matrix.

The property is five miles from downtown Fort Worth and 10 miles from Alliance Industrial Airport, with proximity to Interstate 820 and Interstate 35W. The buildings are located at 2340, 2233 and 2121 Providence Drive, respectively.

A hub of construction and leasing

The North Fort Worth submarket is one of the most active in the Dallas–Fort Worth Metroplex for industrial space, according to a first-quarter report from CBRE. North Fort Worth also had the highest total leased area in the first quarter at 4.4 million square feet.

The submarket currently has a total availability of 9.6 percent on an inventory of 139 million square feet, with a nearly 6 million square feet under way, according to CBRE.

Other recent Cabot Properties activity came in November 2025, when the firm secured a $166.8 million loan for a 10-asset, 2 million-square-foot industrial portfolio stretching across seven metro areas—from New Jersey to the Inland Empire. Guardian Life provided the three-year, fixed-rate note in a deal arranged by JLL Capital Markets.