Dallas, October 10, 2025
News Summary
Davidson Bogel Real Estate has finalized the sale of two industrial properties located in the Dallas–Fort Worth Metroplex. The properties, located at 9090 Forney Road and 10111 Harmon Road, are recognized as stabilized, low-coverage investments. The sales reflect strong investor demand for industrial spaces with significant outdoor storage and strategic locations. The firm emphasized the challenges of replicating such properties in the area due to land constraints and rising construction costs.
Dallas — Davidson Bogel Real Estate (DB2RE) has successfully completed investment sales of two industrial properties: 9090 Forney Road in Dallas and 10111 Harmon Road in Fort Worth.
Key transaction details
Both properties are categorized as stabilized, low-coverage industrial investments located in strategic infill submarkets of the Dallas–Fort Worth Metroplex. The sales close marks the transfer of two functional industrial parcels that offer yard space and highway access important for logistics, service-based users, and industrial outdoor storage operations.
The property at 9090 Forney Road features a 4,000-square-foot industrial building on 2.6 acres, with a sub-10% site coverage ratio within the East Dallas industrial corridor. The 9090 Forney Road property offers functional warehouse space, ample outside storage, and easy access to major highways: Interstate 30, Interstate 635, and U.S. 80.
The 10111 Harmon Road property consists of a 7,000-square-foot warehouse on 2 acres situated in the North Fort Worth/Alliance submarket, recognized as a major industrial hub. Direct access to Interstate 35W improves logistics connectivity for the Harmon Road property, which also has a low coverage ratio ideal for outside storage and service-based operations.
Market context and investor demand
Philip Cherrick of DB2RE stated that these transactions highlight the strong investor demand for low-coverage industrial products with stable tenant occupancy. Cherrick emphasized that properties like Forney and Harmon are hard to replicate due to land constraints and increasing construction costs in the core DFW area.
David Guinn from DB2RE noted a sustained investor interest in functional, well-located industrial assets with significant yard space due to their stability and flexibility in the current market. The sales of these properties exemplify ongoing momentum in the infill industrial and industrial outdoor storage (IOS) sectors, driven by tenant retention, limited new supply, and significant rent growth across the DFW region.
Strategic advantages cited
- Low site coverage: Both sites provide substantial outside storage and yard capacity relative to building footprint, a feature in growing demand for IOS and service-oriented industrial uses.
- Infill location: Proximity to key highways and dense labor and customer bases in East Dallas and North Fort Worth/Alliance supports distribution and service operations.
- Stable tenancy: Transactions involved stabilized assets, which appeal to investors seeking predictable cash flow and lower lease-up risk.
- Limited replicability: Land constraints in central DFW and higher construction costs make similar low-coverage industrial parcels harder to source or replace.
About the advisor
DB2RE is a boutique land investment advisory group and real estate brokerage firm founded in 2015, focusing on land acquisitions, dispositions, and investment sales in Texas and Oklahoma for various clients. The firm acted in advisory and brokerage roles for the transactions, positioning these assets for investors targeting industrial and IOS exposure within the region.
What this means for the local market
Industry observers and market participants view the completed sales as indicators of continued investor appetite for low-coverage industrial products in infill locations. The transactions align with broader trends in the Dallas–Fort Worth Metroplex that include constrained new supply in core industrial corridors, tenant retention in existing sites, and upward pressure on rents for well-located industrial yards and buildings.
FAQ
Which properties did Davidson Bogel Real Estate complete sales of?
Davidson Bogel Real Estate (DB2RE) has successfully completed investment sales of two industrial properties: 9090 Forney Road in Dallas and 10111 Harmon Road in Fort Worth.
How are the sold properties categorized?
Both properties are categorized as stabilized, low-coverage industrial investments located in strategic infill submarkets of the Dallas–Fort Worth Metroplex.
What are the specific features of the Forney Road property?
The property at 9090 Forney Road features a 4,000-square-foot industrial building on 2.6 acres, with a sub-10% site coverage ratio within the East Dallas industrial corridor.
What are the specific features of the Harmon Road property?
The 10111 Harmon Road property consists of a 7,000-square-foot warehouse on 2 acres situated in the North Fort Worth/Alliance submarket, recognized as a major industrial hub.
What highway access does each property have?
The 9090 Forney Road property offers functional warehouse space, ample outside storage, and easy access to major highways: Interstate 30, Interstate 635, and U.S. 80. Direct access to Interstate 35W improves logistics connectivity for the Harmon Road property, which also has a low coverage ratio ideal for outside storage and service-based operations.
What did DB2RE representatives note about investor demand?
Philip Cherrick of DB2RE stated that these transactions highlight the strong investor demand for low-coverage industrial products with stable tenant occupancy. Cherrick emphasized that properties like Forney and Harmon are hard to replicate due to land constraints and increasing construction costs in the core DFW area. David Guinn from DB2RE noted a sustained investor interest in functional, well-located industrial assets with significant yard space due to their stability and flexibility in the current market.
What broader market trends do these sales reflect?
The sales of these properties exemplify ongoing momentum in the infill industrial and industrial outdoor storage (IOS) sectors, driven by tenant retention, limited new supply, and significant rent growth across the DFW region.
Who is DB2RE?
DB2RE is a boutique land investment advisory group and real estate brokerage firm founded in 2015, focusing on land acquisitions, dispositions, and investment sales in Texas and Oklahoma for various clients.
Property features at a glance
| Property | Building Size | Acreage | Site Coverage | Submarket / Access |
|---|---|---|---|---|
| 9090 Forney Road | 4,000 sq ft | 2.6 acres | Sub-10% | East Dallas / Interstate 30, Interstate 635, U.S. 80 |
| 10111 Harmon Road | 7,000 sq ft | 2 acres | Low coverage | North Fort Worth/Alliance / Interstate 35W |
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Additional Resources
- BDT Online: Davidson Bogel Real Estate Completes Sales
- Business Wire: DB2RE Announces Sale of Industrial Property
- Fort Worth Inc: DFW Leads Nation in Industrial Construction
- JLL: Dallas-Fort Worth Industrial Insights
- Wikipedia: Dallas–Fort Worth Metroplex
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