Black Mountain Acquires 917K‑SF Benbrook Warehouse Project for $61M

Why It Matters

The deal highlights escalating demand for large‑scale, multimodal industrial space in the Dallas‑Fort Worth corridor, reinforcing Black Mountain’s growth strategy and signaling robust investor appetite for logistics assets.

Key Takeaways

• Black Mountain secured $61M loan for 917k‑sf warehouse
• Facility 82.6% leased to five industrial tenants
• First project of its size in Benbrook history
• Located near major rail terminals and two airports
• Financing arranged by CBRE; loan from Affinius

Pulse Analysis

The Dallas‑Fort Worth corridor continues to attract heavyweight industrial investors, and Black Mountain Capital’s recent acquisition underscores that momentum. By closing a $61 million acquisition loan, the firm added the 917,000‑square‑foot Chisolm 20 complex to its portfolio, a scale that eclipses any previous development in Benbrook. The property’s four‑building configuration, launched in November 2024, positions Black Mountain to capitalize on the region’s chronic logistics space shortage, while reinforcing its strategy of targeting high‑density, near‑airport assets that command premium rents.

6 % occupied by five tenants, reflecting strong demand for modern warehouse space with direct rail and air connectivity. Its proximity to Fort Worth Meacham International Airport, Dallas‑Fort Worth International Airport, and multiple rail terminals creates a multimodal hub that appeals to manufacturers, distributors, and e‑commerce fulfillment operators. For Benbrook, the project marks the town’s first industrial development of this magnitude, promising job creation and ancillary economic activity that can stimulate municipal revenues and attract further supply‑chain investments.

The financing package, structured by CBRE’s Tom Burns and Hunter Habash and funded by Affinius, illustrates the depth of capital available for logistics real estate in 2026. As investors chase yield and resilience, assets like Chisolm 20 offer stable cash flow and inflation‑linked lease structures. Looking ahead, Black Mountain’s move may trigger competitive bidding for comparable parcels in the DFW metroplex, accelerating consolidation among industrial landlords and reinforcing the region’s status as a national logistics powerhouse.

Deal Summary

Black Mountain completed the acquisition of the Chisolm 20 industrial complex in Benbrook, Texas, a 917,000‑square‑foot, four‑building warehouse project. The $61 million transaction was financed through a loan arranged by CBRE, with Affinius providing the financing. The property, opened in November 2024, is 82.6% leased to five tenants.