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Brookfield Adds to Metroplex Industrial Holdings

Brookfield Properties recently added 4444 Irving Blvd. in Dallas to its U.S. logistics portfolio. Deal terms weren’t disclosed.

The 15-acre infill truck terminal is located less than five miles from the Dallas CBD. The property features a 57,000-square-foot terminal with 118 doors and an expansive yard for both truck and car parking.

The facility’s central location and functionality are ideal for companies looking to service the growing population density in the DFW Metroplex and broader region, Brookfield says. It’s fully leased to a national transportation company.

Brookfield says the Dallas-Fort Worth region continues to be a market of great focus for its business, “with its growing population, unparalleled institutional investment liquidity, and exceptional tenant demand.” The company is opening a new office in the Park District of Dallas with new team members focused on ground-up development opportunities, building acquisitions and portfolio opportunities.

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Sale/Acquisition