The Fort Worth industrial market continues to flex its muscle and not just with the usual suspects building — and filling — warehouses designed for manufacturing, logistics, warehousing and data centers.
AllianceTexas in the north and the southern area of the city around the Carter Industrial Park led the way in recent years with the industrial leasing and development. They still do. But as demand increases, other areas of the city are starting to see substantial projects.
Local commercial real estate and investment firm Holt Lunsford Commercial on July 17 announced it purchased a 26.5-acre site in north Fort Worth for the development of Meacham 820 Crossing, a two-building Class A industrial park totaling approximately 238,000 square feet.
Located at the northwest corner of Old Decatur Road and Interstate 820, the site offers direct frontage road access in the heart of the Meacham/Fossil Creek submarket.
“Fort Worth is a market that Holt Lunsford is very bullish on, and we expect to announce many more developments in the western half of the Metroplex in the near future,” said Hutton Lunsford, chief investment officer.
Currently, Holt Lunsford has more than four million square feet of active industrial developments across Texas, with this site representing a strategic addition to that pipeline through the firm’s third industrial fund.
“Population growth, business success, industrial demand, and a healthy community come together to form an environment that aligns with where we are headed as a company,” Lunsford said.
The site in the Meacham Fossil Creek submarket is not likely to be the last industrial project for Holt Lunsford. The firm said it has several additional projects underway across the Dallas-Fort Worth market.
Holt Lunsford is not the only company with its sights on Fort Worth for industrial development outside of the key AllianceTexas and south Fort Worth markets.
In March, real estate firm Greystar announced the acquisition of 29 acres where it is building Longhorn Exchange Logistics, 383,000 square feet of rentable space in the same Meacham-Fossil Creek submarket where Holt Lunsford announced.
In east Fort Worth, Dallas-based S2 Capital, through its industrial real estate company, in July acquired Point 820, a 589,000-square-foot, 31-building industrial park at 5721 E. Rosedale St. along Loop 820.
“The park fits our investment criteria almost perfectly, the submarket dynamics are favorable, and our industrial platform is built to execute on exactly this type of value-add opportunity,” said Parker McCormack, chief investment officer of S2 Industrial, S2 Capital’s investment group.
These recent deals add to the continued momentum of the Dallas-Fort Worth industrial market.
The industrial property market refers to properties used for manufacturing, storing and shipping goods. Following the pandemic, Fort Worth benefited from the growing trend of “re-shoring” or bringing manufacturing back to domestic locations and the growth of data centers, which are also part of the industrial real estate market.
Manufacturing has shown recent strength for the area. On July 14, Foxlink, a Taiwan-based electronics manufacturer opened a 147,780-square-foot facility in a former call center at AllianceTexas.
This week, Taiwan-based Wistron will break ground on the first of two AI supercomputer manufacturing facilities in Fort Worth’s AllianceTexas development, investing $761 million and creating more than 800 jobs.
There is more industrial development in the pipeline.
In June, AllianceTexas developer Hillwood announced it was adding a 1.2 million-square-foot speculative industrial building in the Alliance Logistics District. That means Hillwood’s total industrial pipeline across AllianceTexas now sits at 8.2 million square feet under construction or in design.
That’s a lot of space to fill, but the demand is there, according to data from real estate firm JLL. The report indicated that Dallas-Fort Worth remains strong, powered by surging leasing activity and steadily declining vacancy rates.
The Dallas-Fort Worth market’s vacancy rate has now declined for a seventh consecutive quarter, according to the report.
And this could be a record year. According to the report, year-to-date leasing activity of 34.6 million square feet through the first two quarters of 2026 already has outpaced the year-to-date totals to the third quarter of 2024 by 5.3% and 2025 by 3.9%.
Bob Francis is business editor for the Fort Worth Report. Email him at bob.francis@fortworthreport.org.
Disclosure: Hillwood is a financial supporter of the Fort Worth Report. News decisions are made independently of our board members and financial supporters. Read more about our editorial independence policy here.
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