Cabot Properties has acquired The Mark IV, a three-building, 1.03 million-square-foot, class A industrial portfolio in Fort Worth, Texas. This acquisition advances the firm’s strategy to invest in high-quality industrial assets situated in dynamic, supply-constrained markets across Europe, the United States and Asia Pacific.
Completed in 2020, the property is located at 2340, 2233, and 2121 Providence Drive in the Meacham/Fossil Creek submarket of Fort Worth. The buildings feature 32- to 36-foot clear heights, cross-dock and front-load configurations, ESFR sprinkler systems, LED lighting, 185-foot truck court depths, and ample fenced auto and trailer parking spaces. The properties are 100 percent leased to six tenants across diverse industries, including logistics, manufacturing, shipping, technology, and automotive services. The property is five miles from downtown Fort Worth and 10 miles from Alliance Industrial Airport with convenient proximity to Interstate 820 and I-35