4501 Cleveland Road in Dallas

Deal Ticker

Deal Ticker: $16.5 Million Warehouse Heads to South Dallas

Plus: Red River Distribution plots Texas headquarters; 17-story multifamily planned in Turtle Creek; and more

Atlanta-based developer Robinson Weeks Partners has plans for a  major industrial project in Dallas’ Southern sector. The developer has filed a state permit to build Cleveland Road Spec Warehouse at 4501 Cleveland Road near Bonnie View Road. The space is near a FedEx Ground center, Pioneer Frozen Foods, and an Amazon fulfillment center.

According to the state permit, the project will be 410,800 square feet and cost about $16.5 million. Construction is expected to begin in October. Kansas-based George Butler Associates is the listed design firm. 

INDUSTRIAL

HSM Bonnie View recently sold approximately 10 acres of land at the corner of Bonnie View and Langdon Roads in South Dallas only a few months after purchasing the property. The buyer, Smartway Logistics, a trucking logistics company headquartered in Tracy, CA, plans to develop the site for its use. Mark Smith of HSM Equity Partners represented the seller. Huntley Luna and Nick Robinson in the Industrial Division at Henry S. Miller Brokerage brokered the transaction.

Forney Industrial Park

Forney Industrial Park, a 311,000-square foot industrial property located at W. US Hwy 80 in Forney, has sold. Adam Abushagur with Marcus & Millichap represented the buyer and seller.

FedEx Ground Package Service leased 186,577 square feet at Carter Distribution Center in Fort Worth. Matt Carthey and Thomas Grafton with Holt Lunsford Commercial represented the owner, PGIM. Curt Star with Fischer & Company represented the tenant.

3401 Garden Brook Drive

Red River Distribution has leased 133,500 square feet at 3401 Garden Brook Drive in Farmers Branch. The building will serve as its new Texas headquarters. Josh Barnes and Ben Wallace with Holt Lunsford Commerical represented the landlord. Garrison Efird and Jim Cooksey with Newmark represented the tenant.

HIP Mark IV filed a state permit to construct a 122,779-square-foot shell industrial building at 5651 Mark IV Pkwy in Fort Worth. Construction on the $6.4 million project will begin in August and conclude in early March 2022. Ware Malcomb is the listed design firm.  

280 Corporate filed a state permit to construct a 117,931-square-foot corporate industrial building at 280 E Corporate Drive in Lewisville. Construction on the $5.5 million project will start in August and conclude in April 2022. GSR Andrade Architects is the listed design firm.  

Parkway Business Center, a 73,600-square-foot five-building flex project on 4.88 acres at 2125-2133 S. Great Southwest Parkway in Grand Prairie, has sold to CI Growth 211. Josh Meraz and Shane Benner of Bradford Commercial Real Estate Services represented the seller, WC Shady Trail Business Center. Rich Young Jr. of Rich Young Cos. represented the buyer.

Shady Trail Business Center

Shady Trail Business Center, a 68,043 square foot four-building flex project on 3.52 acres at 11048-11056 Shady Trail in Dallas, has sold to CI Growth 211. Josh Meraz and Shane Benner of Bradford Commercial Real Estate Services represented the seller, WC Shady Trail Business Center. Rich Young Jr. of Rich Young Cos. represented the buyer.

MSC Biomedical leased 40,000 square feet at 6701 Will Rogers Blvd. in Fort Worth.  Matt Carthey and Thomas Grafton with Holt Lunsford Commercial represented the tenant. Grant Huff with Transwestern represented the landlord, PJ Ranches Investments.

Pallet Ops leased 31,300 square feet at 2330 East Union Bower Road in Irving. Ryan Boozer, Adam Jones, and Lena Pierce with Stream Realty Partners represented the landlord. Matson Pearce with Pearce Commercial represented the tenant.

Dish Wireless leased 17,213 square feet at 1705 Wallace Drive in Carrollton. Sarah Ozanne and Mac Hall with Stream Realty Partners represented the landlord, Link Industrial Properties. CBRE represented the tenant.

Southern Star Distributors leased 13,952 square feet at Jupiter Business Park – Building 5 in Plano. Ryan Wolcott and James Mantzuranis represented the landlord, and Adam Jones with Stream represented the tenant.

USTOSHOP.com has leased 12,877 square feet of flex space in Story Business Center, 3245 Story Rd. W. in Irving, from Las Colinas AAA Investment. Brian Paffor of Bradford Commercial Real Estate Services represented the landlord. Paul Dong of Sunet Group represented the tenant.

Chicago Flameproof and Wood Specialties Corp. leased 10,000 square feet at Berry Business Center – Building 3 in Fort Worth. Jeff Rein with Stream Realty Partners represented the landlord, TX Circle 182. Thomas Grafton with Holt Lunsford represented the tenant.

FX Concrete leased 2,250 square feet at Riverbend Business Park. George Jennings and Jake Neal with Holt Lunsford Commercial represented the landlord, Riverbend Business Park.

Healthganic renewed its lease of 1,000 square feet at 3201 Pioneer Parkway in Arlington. Jake Neal with Holt Lunsford Commercial represented the landlord, 303 Associates.

MULTIFAMILY

A state permit has been filed to build a 17-story multifamily at 3555 Dickason Ave. in Dallas. The Spencer by One Turtle Creek Residencies is anticipated to cost $35 million and will host 46 units in 206,728 square feet. Construction is slated to begin in August and complete by May 2023. Lucien Lagrange Studio is the listed design studio.

K Avenue Lofts filed a state permit to construct a 255,276-square-foot four-story apartment building at 2505 K Avenue in Plano. Construction on the $29 million project will begin in December and conclude in July 2023. BDCL Architects will lead the design.  

OFFICE

O’Boyle Properties renewed 9,738 square feet at 14110 N. Dallas Pkwy in Dallas. John Wolf with Newmark represented the tenant, and Noah Burns represented the landlord, Hartman Income REIT.

Syzygy Associates renewed its lease of 6,855 square feet at the Western Insurance Building in Fort Worth. Marshall Mays with Holt Lunsford Commercial represented the landlord, Bridgestone Realty. Dane Thomson with Search Commercial represented the tenant.

Robin Autopilot USA has signed a 6,600 square foot lease in The Square at Craig Ranch. John Dickenson and Jack Beare of Holt Lunsford Commercial represented the landlord. Renee Castillo of CBRE represented the tenant.

Texas Series of Lockton Companies leased 5,052 square feet at Frost Tower in Fort Worth. Seth Koschak, Chris Doggett, and Cullen Donohue with Stream Realty Partners represented the landlord, 640 Taylor. Holt Lunsford represented the tenant.

T4 Global renewed 3,240 square feet at 12655 N. Central Expressway in Dallas. Travis Ewart with Colliers International represented the tenant, and Michael Bowles represented the landlord, Hartman Income REIT.

Lowery Property Advisors leased 2,428 square feet at Summit Office Park in Fort Worth. Geoff Shelton and Jake Neal with Holt Lunsford Commercial represented the landlord, Pennybacker Capital. Nora Hogan with Transwestern represented the tenant.

RETAIL

Phil Moreino filed a state permit to construct a 35,100-square-foot Rustic Furniture Clearance Center at 11901 US Hwy 380 in Cross Roads. Construction on the $2.2 million project will start on Aug. 2 and conclude in March 2022. Eikon Consulting Group is the listed design firm.  

Tommy Hicks filed a state permit to construct a 6,890-square-foot building shell for Wingstop and other tenants at 2210 East Broad St. in Mansfield. Construction on the $1,788,880 project will start in July and conclude in mid-January. Nationwide Construction will lead the design.  

Envision Imaging

Envision Imaging, a 4,600 square foot net-lease property at 710 Hunters Row Ct in Mansfield, has sold. Vincent Knipp and Ryan Wolf with Marcus & Millichap represented the seller and buyer.

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