Thursday, April 9, 2026
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DevelopmentIndustrialTexas

Walmart to Open $380M Dairy Processing Plant in Robinson, Texas

by Taylor Williams

ROBINSON, TEXAS — Walmart (NYSE: WMT) will open a dairy processing plant in Robinson, located just south of Waco in Central Texas, in a move that represents a capital investment of about $380 million in the regional economy. The Arkansas-based retailer also expects that the project, which will comprise 310,000 square feet of production and distribution space within Robinson Business Park, will result in the creation of about 400 jobs. Cushman & Wakefield represented Walmart in its site selection and purchase of the 79-acre tract on which the facility will be developed. The opening is scheduled for 2026.

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IndustrialLeasing ActivityTexas

CBRE Negotiates 221,444 SF Industrial Lease Near DFW Airport

by Taylor Williams

FORT WORTH, TEXAS — CBRE has negotiated a 221,444-square-foot industrial lease near Dallas-Fort Worth International Airport. The tenant, Big Ass Fans, will occupy the entirely of Building A at Fort West Commerce Center, a three-building, 531,601-square-foot development that sits on a 30-acre site. Buildings are designed to accommodate users with requirements from 34,041 to 221,444 square feet and feature 32- to 36-foot clear heights. Gordon Benedict, Courtney Oldenburg and Tim Vogds of CBRE represented the tenant in the lease negotiations. Matt Carthey and George Jennings of Holt Lunsford Commercial represented the landlord, Phoenix-based Creation.

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4400-Diplomacy-Drive-Fort-Worth
AcquisitionsIndustrialTexas

Stonelake Capital Partners Buys 119,995 SF Distribution Facility in Fort Worth

by Taylor Williams

FORT WORTH, TEXAS ­— Texas-based investment firm Stonelake Capital Partners has purchased a 119,995-square-foot distribution facility in Fort Worth. The building at 4400 Diplomacy Drive, which was fully leased at the time of sale to Litex Industries, is located just south of DFW International Airport in the central part of the metroplex. Jim Carpenter, Jud Clements, Robby Rieke and Madeleine Supplee of Cushman & Wakefield represented the undisclosed seller in the transaction. Coleman Brown, Michael Massad, Will Thomas and Keontae Burns represented Stonelake on an internal basis.

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AcquisitionsIndustrialTexas

Finial Group Arranges Sale of 19,259 SF Industrial Building in Northwest Houston

by Taylor Williams

HOUSTON — Locally based brokerage firm Finial Group has arranged the sale of a 19,259-square-foot industrial building in northwest Houston. The building at 6606 Gessner Road sits on 1.5 acres and includes outdoor storage space. Jason Gibbons and Christian Villarreal of Final Group represented the seller in the transaction. Christy Bowen of Fox & Graham Real Estate represented the buyer. Both parties requested anonymity.

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Leasing ActivityOfficeTexas

Abbott & Associates Signs 4,848 SF Office Lease Renewal in Southeast Houston

by Taylor Williams

HOUSTON — Accounting firm Abbott & Associates has signed a 4,848-square-foot office lease renewal in southeast Houston. According to LoopNet Inc., the building at 12600 N. Featherwood Drive was built in 1987 and totals 75,166 square feet. Ryan Hartsell of locally based brokerage firm Oxford Partners represented Abbott & Associates in the lease negotiations. Ryan Clark of The Mission Cos. represented the landlord.

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DevelopmentMultifamilyTexas

Legacy Partners Completes 361-Unit Ovation at Galatyn Park Apartments in Metro Dallas

by Taylor Williams

RICHARDSON, TEXAS — San Francisco-based developer Legacy Partners has completed Ovation at Galatyn Park, a 361-unit apartment community in the northeastern Dallas suburb of Richardson. Designed by WDG Architecture, Ovation at Galatyn Park offers one-, two- and three-bedroom units that range in size from 500 to 1,700 square feet and are furnished with quartz countertops and various pieces of smart-home technology products. Amenities include a pool, fitness center, sky lounge, outdoor game room, arcade, billiards room and a podcast studio. Legacy developed the project in partnership with Bridge Investment Group. Construction began in June 2021. Rents start at $1,525 per month for a one-bedroom apartment.

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23Springs-Dallas
Leasing ActivityOfficeTexas

Sidley Austin Signs 118,484 SF Office Lease at 23Springs in Uptown Dallas

by Taylor Williams

DALLAS — Sidley Austin LLP has signed a 118,484-square-foot office lease at 23Springs in Uptown Dallas. The law firm will relocate from an 80,000-square-foot space at the nearby McKinny & Olive complex to four full floors and a partial fifth floor of the 26-story, 626,215-square-foot building in early 2026. Granite Properties is developing 23Springs, which is slated for a March 2025 completion. Craig Wilson, Randy Cooper, and Greg Biggs of Stream Realty Partners represented the tenant in the lease negotiations. Robert Jimenez, Burson Holman and Elizabeth Fortado represented Granite Properties on an internal basis.

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AcquisitionsIndustrialTexas

Peak Capital Partners Sells 14-Acre Industrial Development Site in McKinney, Texas

by Taylor Williams

MCKINNEY, TEXAS — Locally based firm Peak Development Partners has sold a 14-acre industrial development site located at the corner of El Dorado Parkway and Stonebridge Drive in the northeastern Dallas suburb of McKinney. Peak originally acquired 18 acres at the site last year and will break ground on four retail pads on the other four acres later this year. Evan English and Tim McNutt of DBA Real Estate represented the buyer, SLX Development, in the transaction. Peak was self-represented.

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Leasing ActivityRetailTexas

Amped Fitness to Open 38,562 SF Gym in Richardson, Texas

by Taylor Williams

RICHARDSON, TEXAS — Amped Fitness, a Florida-based fitness retail chain, will open a 38,562-square-foot gym at Richardson Plaza, a retail center located at 110 W. Campbell Road on the northeastern outskirts of Dallas. Grayson Duyck of California-based brokerage firm Matthews Real Estate Investment Services represented the undisclosed landlord in the lease negotiations. The tenant representative was also not disclosed. The gym, which will be the 25th in the country for Amped Fitness, is scheduled to open at the end of the year.

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IndustrialLeasing ActivityTexas

Finial Group Negotiates 25,000 SF Industrial Lease in North Houston

by Taylor Williams

HOUSTON — Locally based brokerage firm Finial Group has negotiated a 25,000-square-foot industrial lease at Central Green Business Park in North Houston. According to LoopNet Inc., the building at 1950 S. Starpoint Drive was built in 1992, features 24-foot clear heights and includes 10,000 square feet of office space. William Alcorn and Jack Gaffney of Finial Group represented the undisclosed landlord in the lease negotiations. Henry Landwermeyer of Boyd Commercial represented the tenant, Pulse Wire & Cable.

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