Dalfen Industrial's Strategic Houston Logistics Park Sale to Foxconn
Deal News | Jun 05, 2025 | Globenewswire
Dalfen Industrial has completed the sale of Fairbanks Logistics Park, a state-of-the-art, 1,026,609-square-foot industrial complex located in Northwest Houston, to Hon Hai Technology Group (Foxconn), a major player in the electronics manufacturing sector. The transaction signifies a substantial growth initiative for Foxconn as it joins other tech giants Apple and Nvidia in situating operations within Houston, reaffirming the city's burgeoning reputation as an advanced manufacturing and AI infrastructure hub. The strategically positioned Fairbanks Logistics Park, with its favorable access to major highways, is a testament to Dalfen's market foresight and expertise in securing high-value transactions. This latest sale highlights the growing demand for U.S.-based logistics facilities designed to enhance supply chain resilience amid shifting global production strategies.
Sectors
- Commercial Real Estate
- Electronics Manufacturing
- Advanced Manufacturing
Geography
- United States – The industrial park and Dalfen Industrial, the selling company, are based in the United States.
- Taiwan – Hon Hai Technology Group (Foxconn), the acquiring company, is headquartered and originated from Taiwan.
Industry
- Commercial Real Estate – The transaction involves the sale of a major logistics park, which falls under the commercial real estate sector.
- Electronics Manufacturing – Foxconn, known for its electronics manufacturing services, is the acquiring party in the transaction.
- Advanced Manufacturing – The strategic acquisition aligns with trends in advanced manufacturing and logistics, including AI infrastructure development.
Financials
- USD208 billion – Foxconn's revenue in 2024, demonstrating its stature and financial capacity.
Participants
Name | Role | Type | Description |
---|---|---|---|
Dalfen Industrial | Seller | Company | A large privately held industrial real estate investment firm headquartered in Dallas, Texas. |
Hon Hai Technology Group (Foxconn) | Buyer | Company | The world's largest electronics manufacturer, hailing from Taiwan. |
Stream Realty Partners | Broker | Company | An integrated commercial real estate firm that brokered the transaction for Dalfen. |
Newmark Group, Inc. | Broker | Company | A global leader in commercial real estate services, representing Foxconn in the transaction. |