HILLWOOD GROWS DFW PORTFOLIO, OFFERS PRIME LEASING OPPORTUNITY IN MIDLOTHIAN

DALLAS, April 10, 2025 /PRNewswire/ -- Hillwood Investment Properties, a Perot company and leader in industrial real estate development and acquisitions, announces continued momentum with three strategic property acquisitions of four buildings totaling 1,200,000 square feet across the Dallas-Fort Worth metroplex:

901 Distribution Drive located in Wilmer, TX totals 334,800 square feet and is fully leased to two tenants. This Class A facility delivered in 2023 and offers 36' clear height, LED lighting, ESFR sprinkler system, 185' truck courts, and ample parking for 134 cars.

1201 Big Town Boulevard located on the east side of Dallas encompasses 508,500 square feet and was developed by Hillwood in 2007. Situated on 32 acres with six points of access and parking for 500 cars, this cross dock facility provides multiple site configurations from 60,000 square feet to 250,000 square feet. Reinforcing market demand for strategically positioned industrial properties, 1201 Big Town is now fully occupied.

"These acquisitions align perfectly with our disciplined approach to identifying high-value opportunities in key logistics corridors," said Tom Fishman, Executive Vice President, Acquisitions and Dispositions at Hillwood Investment Properties. "As supply chain reconfiguration continues to drive demand for modern industrial facilities, we're seeing sustained interest in well-located, Class A industrial spaces with strong infrastructure and workforce accessibility."

Hillwood's most recent acquisition, Midlothian Business Park provides immediate opportunity for businesses seeking premium industrial space in one of the region's fastest-growing submarkets.  This 344,242 square foot acquisition consists of two newly developed rear load buildings of 159,608 and 184,634 square feet with Class A characteristics such as 28' and 32' CH, LED lighting, ESFR, and extensive parking for cars and trailers. At 39% occupancy, these assets offer 210K SF of available space across the two buildings with flexible size configurations from 25,000 to 85,000 square feet. The property features excellent connectivity via U.S. 67, U.S. 287, and I-35, positioning tenants within easy reach of major transportation networks and the broader Dallas-Fort Worth market.

Matt Hyman, Senior Vice President, South Central Market Leader at Hillwood, added, "The Midlothian acquisition particularly exemplifies our forward-thinking investment strategy. This rapidly developing submarket offers businesses the perfect combination of strategic location, business-friendly policies, and access to a skilled labor pool—exactly the environment where our tenants thrive. We're excited to bring this premium space to market at a time when quality industrial property remains in high demand."

For leasing inquiries at Midlothian Business Park, contact Chad Akabane at [email protected] and Peyton Schlachter at [email protected].

About Hillwood

Hillwood is a leader in acquiring and developing high-quality industrial properties across North America and Europe. Built on the legacy of the Perot family, Hillwood embodies the highest standards of quality, innovation, and integrity in all its endeavors. The company has developed or acquired more than 288.3 million square feet across the U.S., Canada, the United Kingdom, and Europe, with a future development capacity exceeding 143.6 million square feet. Hillwood's industrial expertise, entrepreneurial mindset, and unwavering commitment to its communities have made it a trusted name in commercial real estate for more than 35 years.

For more information, visit Hillwood.com.

Contact: Jennifer Cheek
972-762-2833
[email protected]

SOURCE Hillwood Development Corp.