News release

Gateway Logistics Center premier industrial park sells

January 05, 2021

JLL Capital Markets closed the sale of the property situated at the gateway to Dallas-Fort Worth International Airport

DALLAS, Jan. 5, 2021JLL Capital Markets announced today that it has closed the sale of Gateway Logistics Center, a five-building, 1.4-million-square-foot, Class A++, state-of-the-art industrial park situated at the gateway to Dallas-Fort Worth International Airport in Irving, Texas.

JLL worked on behalf of the seller, Bandera Ventures and Long Wharf Capital. BentallGreenOak acquired the industrial park on behalf on an institutional investor.

Developed by the seller, Gateway Logistics Center was completed in 2019 and is leased to a roster of household name tenants. The property is located near the south entrance of DFW Airport in one of the most desirable industrial submarkets in the Dallas-Fort Worth area.

The JLL Capital Markets Investment Advisory team representing the seller was led by Managing Director Dustin Volz, Senior Director Stephen Bailey, Executive Managing Director Jody Thornton and Analysts Zach Riebe and Wells Waller.

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 advisory, debt placement, equity placement or a recapitalization. The firm has more than 3,700 Capital Markets specialists worldwide with offices in nearly 50 countries.

For more news, videos and research resources on JLL, please visit our newsroom.

About JLL

JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. JLL shapes the future of real estate for a better world by using the most advanced technology to create rewarding opportunities, amazing spaces and sustainable real estate solutions for our clients, our people and our communities. JLL is a Fortune 500 company with annual revenue of $18.0 billion in 2019, operations in over 80 countries and a global workforce of over 92,000 as of September 30, 2020. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit

About Bandera Ventures

Bandera Ventures was founded in 2003 by Charles Anderson, Pryor Blackwell and Thomas Leiser. The company was created to responsibly develop, acquire, own and operate commercial real estate. The three founding principals are all former partners and senior executives at Trammell Crow Company with over 140 years of combined commercial real estate experience. Along with CFO Carol Kreditor, Tom, Chuck and Pryor have worked together for over 34 years and have been blessed with a remarkable, three-decade partnership. In addition, they enjoy unparalleled relationships with local and national real estate executives, capital partners, business leaders and government officials.

About Long Wharf Capital

Long Wharf Capital LLC is a Boston-based private equity real estate manager focused exclusively on value-added investments in the U.S.  Formed in 2011, the firm invests on behalf of institutional clients including pension funds, endowments, foundations, and family offices. Long Wharf’s investment approach utilizes multiple value creation strategies to target opportunities across property sectors and U.S. markets. Since Long Wharf’s first fund in 2012, the team has invested over $770 million of equity in more than 50 investments across the U.S. with a gross value of $2.7 billion. For further information, visit:

About BentallGreenOak

BentallGreenOak is a leading, global real estate investment management advisor and a globally recognized provider of real estate services. BentallGreenOak serves the interests of more than 750 institutional clients with approximately $50 billion USD of assets under management (as of September 30, 2020) and expertise in the asset management of office, retail, industrial and multi-residential property across the globe. BentallGreenOak has offices in 24 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. BentallGreenOak is a part of SLC Management, which is the institutional alternatives and traditional asset management business of Sun Life.

The assets under management shown above include real estate equity and mortgage investments managed by the BentallGreenOak group of companies and their affiliates.

For more information, please visit