New York (August 25, 2026) – BGO a leading global real estate investment manager, and Alliance Industrial Company, a vertically integrated industrial real estate investment, development and operating company, today announced the successful acquisition of Northwest Commerce Park Building 2. The 266,152-square-foot Class A industrial property is located at 2765 Highway 114 in Fort Worth, Texas, and was acquired through a joint venture between the two firms. For BGO, this off-market transaction represents the fourth acquisition for its U.S. industrial value-add strategy.
Completed in 2020, Northwest Commerce Park Building 2 is a modern, single-story front-load distribution facility located in the NE Tarrant/Alliance industrial submarket. The property features 32-foot clear heights, 51 dock-high doors, two drive-in doors, a 185-foot concrete truck court, 46 trailer stalls and 135 parking spaces.
“Northwest Commerce Park Building 2 reflects the type of highly functional, industrial asset we continue to target in established U.S. distribution markets,” said Karen Guthrie, Managing Director, BGO. “Combining institutional-quality construction, efficient front-load functionality, with a strategic location in one of the country’s most important logistics markets, we believe the asset is well positioned to serve a broad range of industrial users. We are pleased to partner with Alliance Industrial Company as we work to enhance the property’s long-term value.”
"Northwest Commerce Park Building 2 marks the first DFW acquisition for Alliance Logistics Fund I. We are pleased to partner with BGO on a Class A asset in one of the metroplex's most sought-after industrial submarkets. Acquisitions like this reflect our continued conviction in DFW as a top-tier logistics market," said Levi Hermes, Managing Director, Alliance Industrial Company.
The property offers direct frontage on State Highway 114 with convenient access to Interstate 35W and is situated near key transportation and logistics infrastructure, including BNSF’s Alliance Intermodal facility and Perot Field Fort Worth Alliance Airport. Its location within the Alliance corridor provides connectivity across the Dallas-Fort Worth region and supports a broad range of distribution, logistics and advanced manufacturing users.
Seyfarth Shaw LLP acted as legal counsel for BGO.
BGO is a leading, global real estate investment management advisor and a globally-recognized provider of real estate services. BGO serves the interests of more than 750 institutional clients, and had, together with Bell Partners Inc., which was acquired by Sun Life and combined with BGO on July 2, 2026, approximately US$100 billion of assets under management (as of June 30, 2026) and expertise in the asset management of office, industrial, multi-residential, retail and hospitality property across the globe. BGO has offices in more than 25 cities across twelve countries with deep, local knowledge, experience, and extensive networks in the regions where we invest in and manage real estate assets on behalf of our clients in primary, secondary and co-investment markets. BGO is a part of SLC Management, the institutional alternatives and traditional asset management business of Sun Life.
For more information, please visit www.bgo.com
Alliance is a privately owned, vertically integrated industrial real estate investment, development and construction company focused on key distribution hubs throughout the US. The firm is headquartered in Houston, TX with offices in Dallas, Atlanta, Charlotte, Nashville, Chicago, and Tampa. Since its inception in 2021, AIC has capitalized more than 14M square feet of projects, with additional 8M+ square feet of projects planned.
For more details, visit www.allindustrialco.com.
Media Contact
Shayla Schipper
Director of Communications, BGO
media@bgo.com
Kali Hammond
Managing Director
Poston Communications, Representing Alliance Industrial Company
hammond@postoncommunications.com