DALLAS, TX (May 1, 2025) —Griffin Partners is pleased to announce the successful sale of Building 1 at their Port 45 industrial development located in Wilmer, Texas, just south of Dallas. The buyer will not be disclosed at this time.
Port 45 is a 39-acre master-planned industrial development strategically located with exceptional access to the Dallas/Fort Worth Metroplex and major transportation corridors, including Interstate 45, Interstate 20, and Interstate 30. The project is being developed into a Class-A, institutional quality industrial park totaling 566,868 square feet across two state-of-the-art front-load buildings.
Building 1, which totals 174,802 square feet, features 32-foot clear height, a 130-foot truck court, 52x60-foot column spacing, 60-foot speed bays, parking for 100 cars, and 31 dedicated trailer parking spaces.
Building 2, which remains available, will offer 392,066 square feet, 36-foot clear height, a 135-foot truck court, 52x60-foot column spacing, 60-foot speed bays, 236 car parking spaces, and 157 trailer parking spaces.
“The sale of Building 1 is a significant milestone for our team and reflects the continued demand for well-located, best-in-class industrial product in the DFW market,” said Griffin Partners President of Development, Travis Covington.
Wilmer’s strategic position within the DFW Metroplex, with proximity to key transportation arteries, has made it a magnet for national brands establishing major distribution operations. Within a five-mile radius of Port 45, companies such as Amazon, Walmart, Procter & Gamble, Whirlpool, Ace Hardware, and Sprouts have all invested in significant industrial facilities.
Griffin Partners continues to see tremendous opportunity in the industrial sector, particularly in supply chain-focused markets like Dallas/Fort Worth and looks forward to delivering additional industrial space in the future.
About Griffin Partners
Griffin Partners is a commercial real estate investment, development, and property management firm founded in 1980 by Fred Griffin. Headquartered in Houston, Texas, Griffin Partners cumulatively has acquired or developed over 19 million square feet of space across more than 85 projects comprised of 124 individual properties, with an aggregate value that exceeds over $2.6 billion. The company owns and operates properties throughout Texas, North Carolina, Colorado, , and Tennessee.. For more information on Griffin Partners, visit www.griffinpartners.com