JLL Capital Markets closed the sale of Elizabeth Creek Gateway, a two-building industrial facility
News release
14 March 2025
1.1M SF of Class A industrial product trades hands in Dallas-Fort Worth
Your browser doesn't support speech synthesis.
Listen to article •
: 1 sec
DALLAS, Mar. 14, 2025 – JLL Capital Markets announced today the sale of Elizabeth Creek Gateway Buildings D & E, two Class A industrial buildings totaling 1,106,064 square feet within the highly sought-after AllianceTexas master-planned project in the Dallas-Fort Worth MSA.
JLL represented the seller in the transaction, and an affiliate of WPT Capital Advisors acquired the property.
Completed in 2021, the two cross-dock facilities feature 36-foot clear heights, ESFR sprinkler systems, 60-foot staging bays and ample car and trailer parking. The park is 100% leased to three tenants from diverse industries including telecommunications, government services and communications technology.
Located at 16000 and 15716 Wolff Crossing, the property offers direct access to State Highway 114 and is within a 10-minute drive of I-35W and State Highways 287, 170 and 37. Elizabeth Creek Gateway’s prime position just three miles north of Perot Field Fort Worth Alliance Airport and 20 miles from both Dallas Fort Worth International and Fort Worth Meacham International airports enhances its logistical appeal. Additionally, the property's location within the Texas Triangle – encompassing Dallas-Fort Worth, Houston and San Antonio – allows tenants to reach over 25 million people within hours.
The JLL Capital Markets Investment Sales and Advisory team was led by Industrial Group Co-Head and Senior Managing Director Trent Agnew, Senior Director Tom Weber, Director Pauli Kerr and Analyst Andrew Griffin.
“Elizabeth Creek Gateway represented a rare opportunity to acquire newer vintage, state-of-the-art product with scale within the highly sought-after AllianceTexas submarket,” said Agnew. "Combined with its strategic location, institutional-quality specifications and strong tenant roster, this opportunity attracted substantial investor interest.”
JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The firm's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether investment sales and advisory, debt advisory, equity advisory or a recapitalization. The firm has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.
For more news, videos and research resources, please visit JLL’s newsroom.
About JLL
For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500® company with annual revenue of $23.4 billion and operations in over 80 countries around the world, our more than 112,000 employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAYSM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.
About WPT Capital Advisors
WPT Capital Advisors, LLC (“WPT”) is a real estate development and investment management firm focused on the U.S. industrial warehouse and distribution sector. WPT operates a fully integrated management platform with a long history in all facets of industrial real estate, investing across diverse strategies through both public and private investment vehicles. Headquartered in Minneapolis, MN with offices in California, Colorado and New Jersey, WPT currently manages approximately US$3 billion of assets on behalf of various global investment partners.