Fort Capital is a privately held industrial real estate investment and operating firm established in 2014 by Chris Powers and headquartered in Fort Worth, Texas. The firm specializes in acquiring, managing, and operating Class B shallow-bay infill industrial properties across Texas markets, including Dallas-Fort Worth, Houston, San Antonio, and El Paso. In August 2025, S2 Capital acquired Fort Capital's operating platform in a transaction that added an 11 million-square-foot industrial portfolio and a 50-person investment team to S2's newly formed industrial division. Fort Management, the property management arm, continues to operate as an S2 Capital company, providing property management and leasing services. The firm's investment strategy centers on value-add and core-plus industrial assets in undersupplied urban markets, targeting service-based tenants displaced by e-commerce growth, such as electricians, plumbers, HVAC contractors, mechanics, and ghost kitchen operators who require urban infill locations. The company syndicates investments on a deal-by-deal basis, with each asset held in its own special purpose vehicle with dedicated capital partners. The combined industrial platform under S2 Capital now manages over 11 million square feet with an active pipeline of over $350 million in targeted acquisitions. Fort Management holds Minority Business Enterprise (MBE) certification and earned recognition as a Fortune Best Workplaces in Real Estate in 2025, ranking #4 in Texas and #12 nationally in the Small and Medium category.