Two-building, 30,029-square-foot asset is company’s 11th light industrial acquisition
FORT WORTH, Texas – (July 12, 2022) – PHP Capital Partners (PHP), a privately owned investor and operator of industrial real estate properties, has acquired CentrePort Tech, a two-building light industrial asset within northeast Fort Worth’s CentrePort master-planned business park.
Located at 4100-4108 Amon Carter Blvd at the intersection of Trinity Boulevard, the 30,029-square-foot multi-tenant property is fully leased. The centralized location within the larger Great Southwest submarket is less than two miles from Dallas-Fort Worth International Airport. CentrePort Tech provides easy access to major thoroughfares including State Highways 183 and 360, as well as the President George Bush Turnpike.
“CentrePort Tech marks our 11th acquisition since PHP was launched and began aggregating our portfolio in January 2021. This property fits perfectly within our asset criteria of being a well-located, multi-tenant light industrial asset,” said Hunter Harrison, Co-Founder of PHP. “Given the murkiness of the current real estate market, being able to identify opportunities like CentrePort Tech gives PHP and our investors the confidence to pursue like-quality assets in DFW and other Texas markets.”
Harrison, along with Pete Van Amburgh and Paul Carr, founded PHP Capital Partners in early 2021 to capitalize on the increased demand for infill industrial properties within Texas. In that time, PHP has successfully acquired 950,000 square feet across 11 properties in DFW, San Antonio, and Houston.
About PHP Capital Partners:
PHP Capital Partners is a privately owned industrial real estate investment firm based in Fort Worth, Texas. The firm achieves exceptional, risk-adjusted returns for its partners through the acquisition, operation, and asset management of functionally superior, light industrial real estate properties in strategic markets across Texas. When evaluating and executing on acquisition targets, PHP aligns its interest with those of its stakeholders to derive exceptional outcomes.
PHP Media Contact:
Allison Klingsick
aklingsick@sunwestpr.com
(469) 547-0211