Equus Capital Partners Acquires 420,643-SF Class A Distribution Facility in South Dallas

Equus Capital Partners has acquired Inland Logistics Center, a 420,643-square-foot Class A cross-dock distribution facility located at 601 W Pleasant Run Road in Wilmer, Texas, the firm announced Sept. 15. The transaction was completed through a programmatic joint venture, adding a fully leased, recently delivered industrial asset to the firm's portfolio in the South Dallas industrial submarket.

Property Overview

Delivered in 2024, Inland Logistics Center is a modern cross-dock facility designed to support high-volume logistics and distribution operations. The building features 36-foot clear heights, 88 dock-high doors, four drive-in doors, ESFR sprinkler systems, LED warehouse lighting, and expandable trailer parking. The property is 100% leased, providing Equus with stabilized in-place income at acquisition.

The facility sits within the Dallas Inland Port corridor, near Interstate 45, Interstate 20, Loop 9, the Union Pacific Dallas Intermodal Terminal, and a FedEx shipping hub — a concentration of transportation infrastructure that has made the area one of the more active industrial corridors in the country.

Transaction Details and Deal Team

Keith Hontz, Senior Vice President of Equus Capital Partners, and Shane Mullen, Analyst, oversaw the transaction on behalf of the firm.

"South Dallas continues to attract logistics, manufacturing and distribution users and hyperscale data center operators, supported by its transportation and utility infrastructure and position within the Texas economy," Hontz said. "Inland Logistics Center is a recently developed property with modern specifications and access to unprecedented utility infrastructure that aligns with our strategy of acquiring best in class assets in locations positioned for continued and sustained growth."

South Dallas Industrial Market Context

The South Dallas submarket has undergone a notable supply cycle in recent years. Vacancy in the corridor spiked to approximately 15.3% in early 2024 as a wave of speculative deliveries came to market, but has since fallen by roughly 690 basis points as those buildings absorbed tenants. Broader DFW industrial vacancy stood at approximately 8.7% to 8.9% in early 2026, down from peaks above 10% during the prior two years.

Asking rents across DFW industrial averaged around $10.21 to $10.24 per square foot on a net basis in the first quarter of 2026, representing year-over-year growth of roughly 8% to 9%. Large-format distribution facilities in the South Dallas and I-20/I-45 corridor have generally traded in the $7.50 to $9.50 per square foot net range, reflecting a discount to infill DFW pricing while still capturing rent growth driven by sustained demand from logistics and e-commerce users.

The submarket's relative land availability, transmission infrastructure, and access to utility capacity have also drawn hyperscale data center operators, a trend Equus cited as a factor supporting long-term growth in the area. National data center research has identified power constraints as a primary driver of site selection, with markets capable of delivering substation capacity and fiber connectivity attracting both hyperscale tenants and industrial capital.

Strategic Positioning

The acquisition reflects Equus Capital Partners' focus on institutional-quality industrial assets in high-growth logistics corridors. By acquiring a 2024-vintage, fully leased facility with modern specifications in a submarket that has worked through its recent supply wave, the firm gains immediate cash flow exposure to a corridor that market data suggests is moving back toward equilibrium. The Texas Triangle region — anchored by Dallas-Fort Worth, Houston, and San Antonio — continues to attract population growth and tenant demand that underpin industrial fundamentals across South Dallas.

Sources

Equus Capital Partners — Equus Announces Acquisition of Inland Logistics Center