Hillwood Investment Properties

What Hillwood Investment Properties does

Hillwood Investment Properties is a private industrial-logistics real estate developer, investor, and advisor founded in 1988 by the Perot family and headquartered in Dallas, Texas. The company develops, acquires, and manages industrial and logistics properties — including distribution centers, e-commerce facilities, last-mile logistics centers, and industrial airports — across 83 markets in five countries (United States, Canada, United Kingdom, Germany, and Poland), with a developed/acquired portfolio of 309.5 million square feet and a 133 million SF future development pipeline. The platform is supported by SEC-registered and AIFMD-compliant investment advisor status, through which Hillwood has sponsored twelve industrial-logistics real estate investment vehicles (six North America-focused, six Europe-focused). The company is differentiated by extensive brownfield remediation experience (2,300 acres), commitment to LEED, DGNB, and BREEAM green building certifications across all new developments, and 18 regional offices enabling localized enterprise sales coverage.

Hillwood monetizes through three primary revenue streams: recurring rental income from directly leased industrial-logistics properties (subscription/recurring model), development services including built-to-suit development and property management (professional services model), and investment vehicle management including fees and promote from the twelve sponsored funds (licensing/royalties-equivalent model). Pricing is quote-based and negotiated per property or lease agreement with no publicly disclosed tiers. The customer base spans enterprise industrial and logistics companies (distribution, e-commerce, manufacturing) and institutional real estate investors, with named anchor relationships including Hillman Solutions Corp (sole tenant at Forest Park, Ohio) and PowerHouse Data Centers (co-development partner at Joliet Technology Center). Go-to-market is enterprise field sales through regional offices supplemented by joint venture partnerships with developers, operators, and landowners, plus partnerships with local and state economic development organizations to facilitate permitting and approvals. The company is expanding into hyperscale data center development, evidenced by the $20 billion Joliet Technology Center joint venture, and operates wholly-owned subsidiaries in Germany, Poland, the UK, and adjacent residential and urban development segments under Hillwood Communities and Hillwood Urban brands.

Name

Hillwood Investment Properties

Legal name

Hillwood Development Company, LLC

Website

https://hillwoodinvestmentproperties.com

Company type

Private

Founded year

1988

Operating status

Operating

Headcount range

251–500 employees

Short description

Hillwood Investment Properties is a private, Perot-family-owned industrial-logistics real estate developer, investor, and advisor operating across 83 markets in five countries, with 309.5 million SF developed/acquired and twelve SEC- and AIFMD-compliant investment vehicles.

Ownership category

akta.pro rank

Product category

Industrial Real Estate Development and Investment

NAICS

Offices of Real Estate Agents and Brokers (5312)

SIC

Real Estate Dealers (For Their Own Account) (6532), Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Industrial & Logistics Real Estate Asset Management (BPAJAMAC)

akta.pro secondary industry

Industrial & Logistics Property Management (BPAJAGAC)

Keywords

• Industrial real estate development
• Logistics property leasing
• Built-to-suit development
• Distribution center investment
• Real estate investment advisory

Headquarters

HQ city

Dallas

HQ country

United States

HQ region

North America

Offices12 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Marketing or Sales

Revenue model

1. Property Leasing: Industrial and logistics properties developed by Hillwood are leased to tenants including distribution, e-commerce, and logistics companies
2. Real Estate Investment Vehicles: Twelve industrial-logistics real estate investment vehicles sponsored - six focused on North America and six on European opportunities. SEC-registered and AIFMD-compliant investment advisor
3. Development Services: Built-to-suit development, property management, and acquisition services for industrial-logistics properties

Go-to-market motion2 records

Distribution channels4 records

Marketing channels4 records

Core offering

Hillwood Investment Properties develops, acquires, and leases industrial and logistics real estate — including distribution centers, e-commerce facilities, last-mile logistics centers, and industrial airports — across 83 markets in North America and Europe. The company also provides built-to-suit development, property acquisitions, joint venture partnerships, SEC-registered and AIFMD-compliant investment advisory services, and property management for logistics, distribution, and manufacturing tenants.

Product overview

Hillwood Investment Properties is a real estate developer, investor, and advisor specializing in industrial and logistics properties. The company operates a platform of core property types including distribution centers, e-commerce facilities, last-mile logistics centers, and industrial airports. Supporting these physical products are services including built-to-suit development (BTS), property acquisitions, joint venture partnerships, investment advisory services, and property management. The company has recently expanded into data center development with projects like the Joliet Technology Center. Hillwood's portfolio spans markets across North America and Europe, with specific property holdings in the U.S. (distributed across West, South-Central, East-Central, Midwest, Southeast, and Northeast regions), the United Kingdom, Germany, and Poland. The company is a Perot company founded in 1988, with SEC-registered and AIFMD-compliant investment operations having sponsored twelve industrial-logistics real estate investment vehicles.

Differentiator

Problem solved

Functional benefit

Brands

• AllianceTexas: First highly successful development by Hillwood, serving as the company's flagship project

Products and services

• Built-to-Suit Development (BTS)

Quantifiable outcome

• 2,300+ acres of brownfield remediation completed
• +3 more outcomes

Named customers2 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

Feature3 records

Partnerships

Four partnerships are on record, tiered core, supportive and minor.

• Hillman Solutions CorpcoreChannel Partner/ Reseller/ Distributor · 1 June 2026Hillman Solutions is the sole tenant of Hillwood's new 715,000-square-foot multipurpose facility at the former Forest Fair Mall site in Forest Park, Ohio. Hillman will lease and fully occupy the Class A facility, consolidating multiple Cincinnati-area operations into one centralized location to improve collaboration, operational efficiency, and customer service across North America. The project includes future expansion capability of 162,000 additional square feet.
• PowerHouse Data CenterscoreStrategic or Co-development Partner · 1 March 2026Hillwood and PowerHouse Data Centers are co-developing the Joliet Technology Center, a $20 billion, 795-acre data center campus in Joliet, Illinois. The project includes 24 buildings consuming up to 1.8 gigawatts of power at full buildout, projected to generate 10,000 construction jobs, 700 permanent positions, and $2.1 billion in property tax revenue over 30 years. The project received Joliet City Council approval in March 2026.
• Local and State Economic Development OrganizationssupportiveStrategic or Co-development PartnerPartnerships with local and state economic development organizations enabled the Joliet Technology Center project approvals and the Forest Park, Ohio facility development. These partnerships provide regulatory support, incentives, and community engagement for large-scale industrial developments.
• SkillBridge ProgramminorOthersHillwood partners with the SkillBridge program to provide professional education and development opportunities to former service members transitioning from military to civilian workforce. The company also works directly with the Marines on hiring former Marine Security Guards for security roles. As of January 1, 2023, 3% of U.S. associates self-identified as having served in the U.S. Armed Forces or as having Protected Veteran Status.

Scale indicators30 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Goodman Group: Australian-listed global industrial real estate specialist operating in the Americas, Europe, and Asia-Pacific. Comparable to Hillwood in business model (developer + investment manager + property operator) and focus on mission-critical logistics facilities.
• Prologis: The largest publicly traded industrial-logistics REIT globally, with over 1 billion SF of logistics real estate across the Americas, Europe, and Asia. Directly comparable to Hillwood in core product (distribution centers), customer base (logistics, e-commerce), and investment vehicle strategy.
• Rexford Industrial Realty: Southern California-focused industrial REIT specializing in last-mile logistics and infill warehouse properties. Comparable to Hillwood in the infill/logistics thesis and in redeveloping underutilized industrial sites (analogous to Hillwood's brownfield remediation expertise).
• SEGRO: A leading UK-listed industrial-logistics REIT with major European exposure, particularly in the UK, Germany, France, and Poland. Highly comparable to Hillwood on product (big-box and last-mile logistics), European geographic footprint, and institutional capital structure.
• Panattoni Development Company: Privately held global industrial-logistics developer with deep presence in the US and Europe, including Poland and Germany. Directly comparable to Hillwood in industrial developer model, geographic footprint, and built-to-suit and speculative development capabilities.
• STAG Industrial: US publicly traded industrial REIT focused on single-tenant industrial properties across 40+ US markets. Comparable to Hillwood in single-tenant industrial focus and in mid-market and secondary US geographies similar to many Hillwood regional offices.
• EastGroup Properties: US industrial REIT focused on Sunbelt markets, with a portfolio of distribution, light industrial, and bulk distribution facilities. Comparable to Hillwood in product type, Sunbelt geographic exposure, and development-driven growth model.
• First Industrial Realty Trust: US-focused publicly traded industrial REIT that develops, acquires, and operates industrial properties across major US markets. Closely comparable to Hillwood in product, customer profile (logistics, distribution, manufacturing), and built-to-suit development capability.
• Terreno Realty: US industrial REIT focused on six coastal US markets, acquiring, developing, and operating industrial real estate. Comparable to Hillwood in tenant mix (logistics, distribution), in-fill acquisition strategy, and development focus in supply-constrained markets.

Broad incumbents

• GLP (Global Logistic Properties): Global logistics real estate operator and fund manager with major US, European, and Asian platforms. Comparable to Hillwood at the platform level: industrial-logistics development, fund management, and hyperscale data center exposure. Now privately held following the 2024 take-private but historically the largest direct competitor in global logistics real estate.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/hillwoodinvestmentproperties

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles16 records

Subsidiaries5 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 Hillwood Investment Properties