CBRE Investment Management fund acquires logistics asset in Dallas–Fort Worth Metroplex

A fund in the CBRE Strategic Partners U.S. series has acquired Westside 35, a newly constructed 540,000-square-foot, two-building logistics asset in the Dallas–Fort Worth Metroplex. The asset was 100 percent pre-leased to three tenants.

Located at 2555 & 2575 Downing Drive in the Fossil Creek/Meacham submarket, Westside 35 offers proximity to multiple major thoroughfares with easy access to I-35 and the entire DFW metroplex. It features new, state-of-the-art, single-load construction and highly functional class A design. Specifications include front-loading with 109 total dock doors, 36-foot clear heights, 185-foot truck courts, 107 trailer stalls and an adjacent 7.1-acre land parcel to support additional future trailer parking. The site is adjacent to the BNSF railway and two power substations, providing 3k amps of power to each building at the property with the ability to supply additional power for future tenant requirements.

“With nearly 400,000 households