Global Giants Bet Big on DFW as CanTex Sells Major Industrial Stake

DALLAS, TX – April 06, 2026 – In a powerful endorsement of the Dallas-Fort Worth industrial market, CanTex Capital has sold a majority interest in a sprawling portfolio of infill properties to global private markets firm Partners Group and an unnamed New York-based investor. The deal, which represents the largest transaction in CanTex’s history, underscores intense investor appetite for strategically located logistics real estate in one of America's most critical commercial hubs.

While financial terms were not disclosed, the portfolio encompasses 20 shallow bay industrial assets totaling approximately 1.3 million square feet. The properties are spread across more than 61 acres in highly sought-after, supply-constrained submarkets, including South Stemmons, Northwest Dallas, and the area surrounding Dallas-Fort Worth International Airport. This transaction signals continued confidence from global capital in the long-term fundamentals of the Texas economy, even as the industrial market navigates a period of normalization.

DFW's Enduring Industrial Strength

The sale comes at a pivotal moment for the DFW industrial sector. After years of record-breaking absorption and construction, the market is recalibrating. Vacancy rates have risen, hovering in the 8-9% range in late 2025 due to a massive influx of new supply. DFW continues to lead the nation in industrial construction, with a pipeline that recently stood at nearly 30 million square feet.

However, these top-line figures don't tell the whole story. The CanTex portfolio assets are not the massive, million-square-foot distribution centers rising in the exurbs. Instead, they represent a class of property known as shallow bay industrial—smaller, more flexible buildings located in dense, infill locations. These properties are critical for last-mile delivery, local distribution, and a diverse range of tenants in sectors like medical, manufacturing, showroom, and food production.

Demand for this type of space remains exceptionally strong. The portfolio’s strategic positioning offers tenants immediate access to DFW International Airport, Dallas Love Field, and the Dallas Design District, connecting them to a deep labor pool and primary commercial corridors. With adaptable layouts, clear heights ranging from 16 to 30 feet, and a mix of loading options, these assets are prized for their functionality in a market where such properties are increasingly scarce and difficult to build.

“We built a platform that utilizes our local expertise and specialized, vertically integrated structure to identify, acquire, and operate the best infill industrial assets in high-barrier-to-entry markets across Texas,” said Romit Cheema, Co-founder and Chief Executive Officer of CanTex Capital. “We are thrilled to welcome our new partners, whose investment is a testament to the strength of this portfolio, the strong fundamentals of Texas’ infill industrial market and the limited supply of well-located shallow-bay space that tenants continue to look for.”

A Milestone for CanTex Capital's Playbook

For CanTex Capital, the transaction is a landmark achievement that validates the firm's focused strategy. Founded in 2018, the company has rapidly emerged as a major force in the Texas industrial market by specializing in the acquisition, repositioning, and redevelopment of infill properties. This sale is the culmination of its value-add approach, which involves identifying underperforming assets, executing targeted improvements, and stabilizing them for long-term value.

Since its inception, CanTex has acquired over 9 million square feet of industrial space through more than 200 investments. Its vertically integrated model—which keeps acquisitions, construction, and property management in-house—gives it precise control over its projects and allows it to move nimbly in a competitive environment. The firm has demonstrated significant momentum, completing over $460 million in dispositions of Class B industrial assets in 2025 alone, positioning it as one of the state's most active investors.

This sale of a majority stake, rather than an outright disposition, suggests a strategic partnership model. CanTex will likely continue to play a role in managing the portfolio, leveraging its local operational expertise alongside the financial power of its new global partners. This structure allows the firm to realize significant gains while maintaining a foothold in a prime portfolio it meticulously assembled.

Global Investors Target Thematic Growth

The buyers, Partners Group and a New York-based global investor, represent a wave of sophisticated capital targeting specific, long-term growth trends in real estate. Partners Group, with over USD 185 billion in assets under management, is known for its operationally oriented approach and focus on thematic investing. The acquisition aligns perfectly with its strategy of targeting high-quality, income-producing assets in land-constrained urban locations.

“We focus on high-quality, income-producing assets in urban infill and land constrained locations that are set to benefit from long-term thematic growth trends,” said Joe Chien, Managing Director at Partners Group. “We look forward to partnering with CanTex, a leading specialized operator, on this portfolio to capitalize on the continued market opportunity in Texas. This transaction is a great example of our real estate secondaries strategy in action.”

While the exact value of the deal remains private, context from the DFW market suggests a significant figure. In late 2025, average industrial sales prices in the region hovered around $142 per square foot, with capitalization rates for stabilized assets in the low 6% range. For a 1.3-million-square-foot portfolio, this implies a substantial valuation, reflecting the premium placed on well-located, functional industrial space.

The investment from such prominent global players reinforces DFW's standing as a top-tier market for institutional capital. Despite national economic headwinds and rising interest rates, the region’s explosive population growth, central U.S. location, and pro-business environment continue to attract long-term investors who can look past short-term market fluctuations. This transaction demonstrates that for the right assets in the right locations, investor demand remains incredibly deep.