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July 16, 2025
Ackerman & Co. Acquires 12-Building, 258,846 SF Industrial Portfolio in Dallas/Fort Worth Market
Midway Business Park portfolio is positioned in prime infill location in East Fort Worth submarket.
FORT WORTH, TEXAS, JULY 15, 2025 – Expanding its presence in the Dallas/Fort Worth industrial market, Ackerman & Co., in partnership with Baltisse, has purchased Midway Business Park, a 12-building, 258,846-square-foot industrial portfolio in the East Fort Worth submarket. Ackerman and Baltisse purchased the portfolio from Cohen Asset Management for an undisclosed price.
Positioned between Dallas and Fort Worth, the portfolio is 91 percent leased and features shallow-bay buildings ranging from 2,000 to 40,000 square feet in a mix of front-load, cross-dock and rear-load configurations. Located near the convergence of State Highway 121 and Interstate 820, the facilities provide distributors convenient accessibility to Dallas/Fort Worth trade markets and DFW International Airport.
“Dallas/Fort Worth is consistently one of the highest performing industrial markets in the country, with strong demand for logistics and manufacturing space, especially spaces under 50,000 square feet in infill locations. This portfolio offered a rare opportunity to acquire high-quality, well-located assets in one of the nation’s most dynamic industrial hubs,” said Jeff Bryant, Senior Vice President and Principal for Ackerman & Co. in Texas.
Added Kris Miller, President of Ackerman & Co.: “These properties are well leased and provide a premier location in the East Fort Worth submarket. The scarcity of developable land in this prime infill location further enhances the value of these assets. We’re very pleased to expand our Texas portfolio with this acquisition.”
Ackerman & Co. represented itself in the acquisition. Jim Carpenter, Robby Rieke and Trevor Berry of Cushman & Wakefield’s Dallas/Fort Worth Investment Sales team represented the seller.In a new partnership with Ackerman, HPI Real Estate Services & Investments will spearhead leasing efforts across the portfolio, led by George Jennings, Colt McCoy and Garrison Lackey.
“HPI is excited to lock arms with Ackerman & Co. as the leasing partner for the future stewardship of Midway Business Park. With its exceptional location, high visibility, ease of access and built-in amenities, Midway Business Park is exactly what today’s shallow bay users need to operate at a high level,” said HPI’s George Jennings.
Ackerman & Co. is investing in major markets across Texas. The acquisition of Midway Business Park marks the firm’s second portfolio acquisition in the Dallas/Fort Worth industrial market in the past 11 months. In August 2024, the firm acquired a six-building portfolio totaling 276,920 square feet in Irving and Carrollton, Texas, just outside of Dallas. The firm is also pursuing ground-up development in the Dallas/Fort Worth market with 20 East Logistics Park, which will feature two Class A buildings of 172,000 and 162,000 square feet offering ample parking and rail accessibility.
Also in Texas, in San Antonio’s Northeast industrial corridor, Ackerman & Co. completed development and sold the fully leased, 307,000 square-foot Doerr Lane Logistics Center, and is developing industrial facilities of 274,000 square feet and 237,000 square feet at Corporate Drive Industrial Complex in Selma and up to 1.5 million square feet at TriPoint Logistics Center in Seguin.
Baltisse, a top-tier investment company headquartered in Belgium, has partnered with Ackerman & Co. on acquisitions and new development projects across the Southern U.S. valued at more than $500 million.
About Ackerman & Co.
Ackerman & Co. is a privately held, full-service commercial real estate firm focused on providing quality investment, brokerage, management and development services across the South. The company, founded in 1967, retains an expert team of 100 real estate professionals. To date, Ackerman & Co. has developed and acquired 44 million square feet of industrial, retail, medical office and mixed-use space, has 5 million square feet under management, and maintains an investment portfolio valued at $1 billion. For more information, visit www.ackermanco.com
About HPI
HPI Fort Worth is the newest office of HPI Real Estate Services & Investments, a privately held, full-service commercial real estate firm with more than 30 years of experience as developers, managers, and owners. Headquartered in Austin with offices in Dallas, San Antonio, and Houston, HPI brings a 360º perspective to every project—deeply understanding how to create and maximize value across all stages of commercial real estate.
The Fort Worth office expands HPI’s reach within North Texas with a focus on industrial and office leasing and management services. Backed by the resources and track record of HPI’s statewide platform, the Fort Worth team is positioned to deliver strategic leasing, development, and property management services rooted in professional integrity, strong relationships, and exceptional service. For more information, visit www.hpitx.com.