News release

New logistics park near Fort Worth trades

JLL Capital Markets arranged the sale of the nearly 1M-square-foot 820 Exchange in DFW 

October 13, 2021

Kimberly Steele

Capital Markets, Agency Leasing and Valuation Advisory PR
+1 713 852 3420

DALLAS, Oct. 13, 2021 – JLL Capital Markets announced today that it has closed the sale of 820 Exchange, a new, four-building, Class A logistics park totaling 952,764 square feet in the Dallas-Fort Worth-area community of Haltom City, Texas.

JLL represented and marketed the business park on behalf of a joint venture between Creation Equity and Walton Street Capital. A fund sponsored by CBRE Investment Management – formerly known as CBRE Global Investors – acquired the asset.  

Completed in June 2021, 820 Exchange was constructed with best-in-market features, including clear heights ranging from 30 to 36 feet, wide column spacing, shared truck courts, loading areas with excess trailer parking and a modern design that incorporates limestone bricks sourced from local quarries.

820 Exchange is situated on 58.5 acres at 4250 and 4251 Northern Cross Blvd. and 5020 and 5030 Anderson Blvd. an infill location along Interstate 820 and within the Meacham/Fossil Creek submarket. This prime logistics location provides almost immediate access to key transportation corridors, including Interstates 35, 35W and 820, which facilitates tenants reaching one million households within a 20-mile radius and beyond.

The JLL Industrial Capital Markets team that represented the seller was led by Senior Managing Director Dustin Volz, Managing Director Stephen Bailey, Director Dom Espinosa, Analyst Zach Riebe and Analyst Matthew Barge.

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.

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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 $16.6 billion in 2020, operations in over 80 countries and a global workforce of more than 92,000 as of June 30, 2021. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit

About Creation Equity

Creation Equity is a Phoenix-based alternative investment and real estate development firm founded by David Sellers and Bob Agahi. Creation has a growing pipeline of over $3 billion of ground-up developments in six markets around the US. Creation’s alternative investment platform has co-founded four companies since 2015 and participated in the funding of more than 90 burgeoning technology startups across the country. Creation also holds several ownership positions in experiential entertainment concepts throughout the country. 

About Walton Street Capital

Walton Street Capital, L.L.C. is a private equity real estate investment firm. Since its founding in 1994, affiliates of Walton Street Capital have received total equity and loan commitments of approximately $14 billion from public and corporate pension plans, foreign institutions, insurance companies and banks, endowments and foundations, trusts, and high net worth individuals. Affiliates of Walton Street Capital have invested and/or committed to invest over $12 billion of equity in more than 500 separate transactions.

About CBRE Investment Management

CBRE Investment Management is a leading global real assets investment management firm with $129.1 billion in assets under management* as of June 30, 2021, operating in more than 30 offices and 20 countries around the world. Through its investor-operator culture, the firm seeks to deliver sustainable investment solutions across real assets categories, geographies, risk profiles and execution formats so that its clients, people and communities thrive.

CBRE Investment Management is an independently operated affiliate of CBRE Group, Inc. (NYSE:CBRE), the world’s largest commercial real estate services and investment firm (based on 2020 revenue). CBRE has more than 100,000 employees serving clients in more than 100 countries. CBRE Investment Management harnesses CBRE’s data and market insights, investment sourcing and other resources for the benefit of its clients. For more information about CBRE Investment Management, please visit

*Assets under management (AUM) refers to the fair market value of real assets-related investments with respect to which CBRE Investment Management provides, on a global basis, oversight, investment management services and other advice and which generally consist of investments in real assets; equity in funds and joint ventures; securities portfolios; operating companies and real assets-related loans. This AUM is intended principally to reflect the extent of CBRE Investment Management’s presence in the global real assets market, and its calculation of AUM may differ from the calculations of other asset managers and from its calculation of regulatory assets under management for purposes of certain regulatory filings.