Join The Discussion

 

Residential land at Chisholm Trail Ranch purchased

Stratford Land, Legacy Capital Co. and the Walton Group of Cos. have snapped up 268 acres of residential land at Chisholm Trail Ranch in Fort Worth.

read more >

Fort Worth to consider adopting 15-year Cavile Place redevelopment plan

The 300-unit Cavile Place housing project in Southeast Fort Worth would be razed and replaced in phases, with a significant number of the units redistributed into the neighborhood.

read more >

Fort Worth payment processor acquired by pension plan group

Fort Worth-based First American Payment Systems has been acquired by an investor group led by the Ontario Teachers’ Pension Plan (Teachers’), with participation of members of the First American management team.

read more >

Texas adds 19,100 nonfarm jobs in June; Fort Worth-Arlington jobless rate 5.3 percent

Seven of Texas' 11 major industry segments added jobs in June, the Texas Workforce Commission reported.

read more >

Fort Worth council members approve Cavile Place redevelopment plan

The vote kicks off what officials say will be a 10-15-year implementation.

read more >

 

Fort Worth firm acquires European warehouse group

Have  you ever wondered what a European warehouse looks like? This is apparently it. 

Photo courtesy of TPG, Ivanhoe. 

Fort Worth-based TPG, a global private investment firm, and a partner Ivanhoé Cambridge of Montreal, a large real estate company, have acquired PointPark Properties (P3) from Arcapita, an international investment company headquartered in Bahrain.


As part of the transaction, the investors will also commit additional capital to strengthen P3′s balance sheet and to provide support for future growth.
P3, located in the Czech Republic, is a specialist investor, developer and asset manager of warehouse properties, providing services to logistics, retail, automotive and electronics manufacturing companies. The real estate assets consist of 48 warehouses and a land bank allowing for the development of additional warehouse space across Europe.


“P3 is a leading, full-service logistics platform with a high-quality portfolio of warehouse assets located in Europe’s core distribution hubs,” said Anand Tejani, TPG Partner, in a news release. “P3 is well-positioned to benefit from the positive macro trends driving the current growth in occupational demand for European logistics space.”


TPG Real Estate is the real estate platform of TPG, a global private investment firm founded in 1992 with $55.3 billion of assets under management.
 

< back

Email   email
hide
Training Camp
Training camp is starting this week. How will the Dallas Cowboys do this season?