Dogwood Industrial Properties

What Dogwood Industrial Properties does

Dogwood Industrial Properties is a TPG Real Estate-owned platform established in 2019 that acquires, owns, and operates infill, multi-tenant industrial assets across growth-oriented U.S. metropolitan markets. The company targets light bulk and shallow bay distribution facilities in last-mile locations, with stated acquisition criteria of $5 million to $300 million per transaction, 15,000 to 400,000 square feet per building, 18+ foot clear heights, 90+ foot truck courts, and less than 30% office build-out. As of the available data, Dogwood holds 130+ buildings totaling more than 12 million square feet across 13 metros, with offices in Dallas, Boston, and Charlotte. Named tenants include UPS, Bang Energy, Nugget Comfort, and Ricewrap Foods, spanning logistics, beverage, consumer products, and food distribution.

The business model is a classic industrial owner-operator: revenue is generated through recurring multi-year leases with industrial tenants, with rents negotiated on a per-property basis rather than published. Dogwood runs an enterprise field-sales GTM anchored by direct leasing to end-user tenants in three regional pods (East Coast, Central/Mountain, Southwest), supplemented by institutional brokerage relationships — notably JLL Capital Markets — for trophy asset acquisitions and dispositions. There is no proprietary technology stack; competitive advantage is sourced from TPG's $127 billion AUM-backed capital access, geographic diversification across 13 (soon up to 24) metros, and operational talent recruited from Prologis, JLL, Colony Industrial, STAG Industrial, and Cushman & Wakefield.

Recent strategic activity confirms an active buy-and-recycle pipeline: in April 2026 Dogwood acquired the 559,480 SF Northern Virginia Gateway Phase II from NOVA Gateway LLC, and in February 2026 it sold the 341,867 SF Falls Lake Commerce Center to Equus Capital Partners. The company has publicly stated its intent to expand into 11 additional target markets including Richmond, Phoenix, Las Vegas, Denver, Chicago, Los Angeles, and Miami. No AI or proprietary software capabilities are present in the business; differentiation is purely location-, capital-, and execution-driven.

Name

Dogwood Industrial Properties

Legal name

Dogwood Industrial Properties

Website

https://dogwoodindustrial.com

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

1–10 employees

Short description

Dogwood Industrial Properties is a TPG Real Estate platform that acquires, owns, and operates 130+ infill multi-tenant industrial buildings totaling 12M+ SF across 13 U.S. metros, serving e-commerce, logistics, and light manufacturing tenants.

Ownership category

akta.pro rank

Product category

Industrial Real Estate

NAICS

General Warehousing and Storage (493110)

SIC

Public Warehousing & Storage (4220)

akta.pro primary industry

Industrial & Logistics Property Management (BPAJAGAC)

akta.pro secondary industry

Industrial & Logistics Brokerage (BPAJABAC)

Keywords

• Industrial real estate
• Logistics property leasing
• Infill warehouse assets
• Multi-tenant distribution
• Last-mile logistics facilities

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Operations, Personnel, Marketing or Sales, Others

Revenue model

1. Industrial Property Rental Income: Dogwood generates revenue through the ownership and operation of industrial properties, collecting rent from multi-tenant industrial space occupants. The portfolio includes light bulk and shallow bay distribution facilities in last-mile locations, serving e-commerce and logistics demand.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Dogwood Industrial Properties acquires, owns, and operates infill, multi-tenant industrial assets in strategic, growth-oriented metropolitan markets across the United States. The company leases light bulk and shallow bay distribution facilities to e-commerce, logistics, and light manufacturing tenants, with a portfolio totaling over 12 million square feet across 130+ buildings in 13 metropolitan markets.

Product overview

Dogwood Industrial Properties is a TPG Real Estate platform that acquires, owns, and operates high-quality infill multi-tenant industrial real estate assets across strategic, growth-oriented metropolitan markets in the United States. The company's portfolio comprises light bulk and shallow bay distribution facilities in last-mile locations, totaling over 12 million square feet across 130+ buildings in 13 metro areas. The portfolio includes individual distribution centers (South Florida Distribution Center, 900 Aviation Parkway), logistics parks (Mid Florida Logistics Park), multi-building industrial parks (TradePark East, Gwinnett Park, Monarch Portfolio, Eriks Portfolio), and individual industrial facilities located in target markets including Florida (Miami, Orlando), Georgia (Atlanta), North Carolina (Charlotte, Raleigh), South Carolina (Charleston), Tennessee (Nashville), Utah (Salt Lake City), and other high-growth metros.

Differentiator

Problem solved

Functional benefit

Products and services

• South Florida Distribution Center A 224,560 SF Class A industrial distribution facility in Miami, FL with 32 FT clear height, 5% office finish, and 125 FT truck court depth. Tenanted by Bang Energy.
• Mid Florida Logistics Park A 246,460 SF logistics park in Orlando, FL with 36 FT clear height and 184 FT truck court depth, built in 2021.
• TradePark East A 837,000 SF four-building Class A industrial park in Charleston, SC with 5% office finish and 185 FT truck court depth, built in 2022.
• Bullfrog A 264,832 SF industrial facility in Herriman, UT with 10% office build-out and 149 FT truck court depth, built in 2020.
• 732 Lowery Blvd A 131,240 SF industrial facility in Atlanta, GA with 28 FT clear height, built in 2004.
• 8105 Cobb Center Drive A 75,000 SF industrial facility in Kennesaw, GA with 26 FT clear height and 22% office finish, built in 1998.
• 4200-4600 Highlands Parkway A 150,120 SF three-building industrial portfolio in Smyrna, GA with 20 FT clear height, 22.3% office finish, and 90 FT truck court depth, built between 1989-1997.
• Cobb International Business Park A 173,329 SF five-building industrial business park in the Atlanta metro area.
• Gwinnett Park A 753,737 SF eighteen-building industrial park in the Atlanta metro area with 44.6% office finish and 110 FT truck court depth, built between 1975-1997.
• Mews A 90,200 SF industrial facility built in 1983 with 100 FT truck court depth.
• Mews II A 112,000 SF industrial facility built in 1987 with 21 FT clear height and 85 FT truck court depth.
• Monarch Portfolio A 529,820 SF seven-building industrial portfolio built between 1978-1985 with 13% office finish.
• 5130 Hovis A 166,980 SF industrial facility in Charlotte, NC with 0.6% office finish and 150 FT truck court depth, built in 1972.
• 521 Harding A 391,000 SF two-building industrial facility in Nashville, TN with 25 FT clear height and 10% office finish, built in 1974.
• 931 Robinson Road A 125,851 SF two-building industrial facility in Nashville, TN built in 1982.
• 1416 Antioch A 126,600 SF two-building industrial facility in Nashville, TN with 18 FT clear height, 6% office finish, and 120 FT truck court depth.
• 3287 Franklin Limestone A 216,642 SF industrial facility in Nashville, TN built in 1994.
• 900 Aviation Parkway A 580,326 SF industrial facility in Raleigh, NC with 29 FT clear height and 143 FT truck court depth, built in 1985.
• 369 S Orange St A 136,000 SF industrial facility in Salt Lake City, UT.
• Eriks Portfolio An 86,611 SF two-building industrial portfolio built in 2006 with 122 FT truck court depth.

Named customers4 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered strategic and minor.

• JLL Capital MarketsstrategicChannel Partner/ Reseller/ Distributor · 6 April 2026JLL Capital Markets arranged the sale of Northern Virginia Gateway Phase II (a 559,480 SF logistics facility in Fredericksburg, VA) from NOVA Gateway LLC to Dogwood Industrial Properties. JLL has also facilitated other transactions including the Falls Lake Commerce Center sale. JLL provides transaction facilitation, capital markets expertise, and market intelligence for Dogwood's acquisition and disposition activities.
• Equus Capital PartnersminorChannel Partner/ Reseller/ Distributor · 17 February 2026Equus Capital Partners acquired the Falls Lake Commerce Center portfolio (three-building, 341,867 SF Class A industrial portfolio in Butner, NC) from Dogwood Industrial Properties in February 2026. This represents a property disposition where Dogwood sold to an institutional buyer.
• NOVA Gateway LLC (Peterson Companies and Iron Point Partners)minorStrategic or Co-development PartnerNOVA Gateway LLC, a partnership between Peterson Companies and Iron Point Partners, sold the Northern Virginia Gateway Phase II property (559,480 SF fully leased industrial facility) to Dogwood Industrial Properties in April 2026. This represents a property acquisition from a joint venture development partnership.

Scale indicators3 records

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• Prologis: Prologis is the largest publicly traded industrial REIT globally (~775 MSF in 19 countries) and the dominant institutional owner of logistics real estate. Dogwood's CIO Emily Cannon was previously a VP at Prologis, directly evidencing the operational and investment overlap. Prologis is a broad incumbent rather than a direct peer given its scale, but it is the benchmark owner-operator of infill logistics product that Dogwood competes with for tenants and acquisitions.

Direct peers

• STAG Industrial: STAG Industrial is a publicly traded industrial REIT focused on single-tenant and multi-tenant light industrial and warehouse properties across the US. Dogwood's VP of Northeast Acquisitions, Chris Williams, was previously a Senior Associate at STAG, and both companies target similar infill, light bulk, and shallow bay product in growth-oriented US markets. STAG is one of the closest direct comparables in strategy and asset profile.
• EastGroup Properties: EastGroup Properties is an industrial REIT focused on bulk-distribution and light industrial properties primarily in the Sun Belt—a geographic strategy that directly overlaps Dogwood's Southeast and Sun Belt concentration. Dogwood's VP of Asset Management James Thompson was previously a Senior Property Manager at EastGroup, and the companies target similar shallow-bay, last-mile product in markets like Atlanta, Charlotte, Tampa, and Orlando.
• Terreno Realty Corporation: Terreno Realty is a publicly traded industrial REIT that acquires, owns, and operates infill industrial real estate in six major US coastal markets. Like Dogwood, Terreno focuses on infill, last-mile logistics facilities with modern specifications, making it a tight strategic match on both geography emphasis and building specifications.
• Rexford Industrial Realty: Rexford Industrial owns, operates, and develops industrial properties exclusively in Southern California's infill markets. While geographically narrower than Dogwood, Rexford exemplifies the same infill, last-mile, multi-tenant light industrial strategy with a focus on supply-constrained submarkets, and competes for capital and tenants in adjacent portfolios.
• First Industrial Realty Trust: First Industrial is a publicly traded REIT that owns, manages, develops, and redevelops industrial real estate across the US, with a strong portfolio of light industrial and logistics facilities in key distribution markets. The platform overlap, target asset class, and similar infill focus make it a clear direct peer.
• Plymouth Industrial REIT: Plymouth Industrial REIT owns and manages industrial properties located in primary, secondary, and select tertiary markets across the US, with an emphasis on multi-tenant light industrial and warehouse product. The shared focus on multi-tenant, infill light industrial makes Plymouth comparable to Dogwood in asset profile.
• Cabot Properties: Cabot Properties is a private industrial real estate investment manager specializing in logistics-focused light industrial portfolios across US gateway markets. Dogwood's acquisitions team member Mason Parks previously worked at Cabot, indicating direct operational and investment overlap. Both pursue multi-tenant infill logistics in growth markets.
• Colony Industrial: Colony Industrial was a private industrial investment platform acquired by Blackstone in 2019 that pursued infill light industrial acquisition and development nationally. Dogwood's Manager of Acquisitions David Sibley was previously VP of Acquisitions at Colony Industrial, evidencing direct strategy overlap. Colony's acquisition by Blackstone makes it a former direct peer in the institutional infill industrial space.

Others

• JLL Capital Markets: JLL is a global commercial real estate services and investment firm that is also Dogwood's primary capital markets broker for acquisition and disposition transactions (e.g., NOVA Gateway Phase II sale, Falls Lake Commerce Center sale). JLL is not a competing owner but is an enabling channel partner and broker, included as an ecosystem participant relevant to understanding Dogwood's deal flow.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/dogwood-industrial-properties

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Dogwood Industrial Properties