Category: North Texas Deals & Announcements

Rowe Casa Organics expands operations at TexAmericas Center

Posted on by Mia Goulart

TexAmericas Center (TAC), which owns and operates one of the largest mixed-use industrial parks in the United States, has announced Rowe Casa Organics will once again expand operations on its property in to a 24,000-square-foot complex of buildings.

Rowe Casa Organics is an all-natural supplements company producing clean, non-toxic, high quality, and effective products. Its line of more than 250 products ranges from baby, pets, household, outdoor, wellness and personal care items. Founded in 2017, Rowe Casa has grown to be in more than 400 retail stores across the United States, fulfilling over 180,000 orders per year.

Rowe Casa will initially invest $1.5 million toward its expansion, retain 55 workers in the Texarkana region and add 20 more. The investment represents a homegrown success story for the company: TexAmericas Center first welcomed the company to its properties in 2019 when it leased a 4,700-square-foot building that was renovated in just 60 days. Demand, including international sales, for Rowe Casa products makes this recent expansion necessary. 

Rowe Casa purchased the existing five-building complex at TexAmericas Center in December 2022. Initial investment will be used to renovate the buildings so the company can be fully operational by September 2023.  

Along with expanding production operations and adding more line employees, Rowe Casa will also expand logistics operations in the initial phase of this investment. Inventory and shipping logistics will now be housed within the five-building facility and a loading-dock will be added to increase the speed of shipping. 

As Rowe Casa grew it contracted with TAC3PL to take advantage of TexAmericas Center’s third-party logistics services. Now, TAC3PL assists the company to provide more space and flex human resources as needed.                                                         

Leadership at Rowe Casa say they wanted to expand within TexAmericas Center because of the great partnership they have developed with the organization, citing that TexAmericas Center invested over $250,000 in improvements to the first leased building in 2019 when the company was less than two years old.

In 2022, 11 new businesses relocated to TexAmericas Center, and tenants on the footprint added 218 new jobs for the region. With occupancy rates over 90 percent for its move-in ready buildings, TexAmericas Center has turned its attention to build-to-suit offerings.

Partners Real Estate brokers sale of office building on 0.5 acres in Dallas

Posted on by Mia Goulart

Partners Real Estate (Partners), one of the largest independent commercial real estate firms in Texas, arranged the sale of a 2,249-square-foot office building on 0.5 acres of land located at 8363 Meadow Road in Dallas.

Partners’ Ryan McCullough, Tyler Jaynes, and Bennett Greenbaum represented the seller, Isla Firenze LTD in the transaction.

Lee & Associates Dallas Fort Worth negotiates 106,053-square-foot industrial lease transaction

Posted on by Mia Goulart

Lee & Associates Dallas Fort Worth, one of the largest privately-owned national real estate firms, has completed a new lease transaction for a 106,053-square-foot industrial space located at Southwest Crossing Logistic Center, 5200 South Fwy in Fort Worth, Texas, 76115.

Becky Thompson, Reid Bassinger and Trey Fricke of Lee & Associates Dallas Fort Worth represented the Landlord, Industrial Realty Group. 

James Ewing of Colliers International DFW, Cam Kucic of Colliers International Indianapolis represented the Tenant, Sage Plastics, Inc.

Hartman announces two leasing transactions in Richardson and Houston

Posted on by Mia Goulart

Hartman has recently announced two new leasing transactions:

  1. Tselot LLC renewed 2,200 square feet at 100 S. Central Expressway in Richardson. Alan Vieyra represented the landlord, Hartman Income REIT. 
  2. Texas Commercial Insurance Specialist, Inc. Renewed 2,243 square feet at 1001 S. Dairy Ashford in Houston. Kacie Skeen represented the landlord, Hartman Income REIT. 
  • 1001 S Dairy Ashford, Houston, TX
  • 100 S. Central Expressway, Richardson, TX

Syndicated Equities acquires Oncor office building in Fort Worth

Posted on by Mia Goulart

Syndicated Equities (Syndicated) is pleased to announce an investment in the Oncor, an office building that will be converted to multifamily located in downtown Fort Worth, Texas.

The property will be redeveloped by 3L Real Estate, a Chicago and Dallas-based developer that specializes in the adaptive reuse of converting urban office buildings to residences. The property consists of a 314,514-square-foot, 16-story office building and a four-story addition. Once complete, it will feature 330 units with Class A amenities including a gym, pool, rooftop deck, and business center.

Syndicated acquired the property alongside 3L Real Estate.

Dickies officially finds new headquarters in Downtown Fort Worth

Posted on by Mia Goulart

One of the world’s leading performance workwear brands has found a new headquarters in the heart of its originating Texas city thanks to Stream Realty Partners.

Dickies, a top work apparel manufacturer founded in Fort Worth, has signed a lease at 500 Taylor St. in Downtown Fort Worth to serve as its new world headquarters. Dickies will occupy approximately 84,000 square feet at the six-story, mixed-use building. 

SADA Capital Partners, a Downers Grove, Illinois-based capital and asset management company, and SADA Tower LLC, a Texas limited liability partnership, purchased 500 Taylor St. (Tower Annex) and 500 Throckmorton St. (The Tower) in June 2022. 

Stream Executive Vice President Chris Doggett and Senior Associate Cullen Donohue represented the landlord in the transaction. Vice Chairman Randy Cooper and Vice President Wills Bauer of Stream represented the tenant. Stream is a national real estate services, development, and investment firm with a growing office in Downtown Fort Worth.

Dickies has occupied space at 509 W. Vickery Blvd. as a manufacturing facility and adjacent retail store for years.  

Dickies’ new headquarters will include space for office personnel, research, and design. 500 Taylor is a part of The Tower development, offering office and retail space with a 295-unit high-end condominium development directly above. Both properties were built in 1972 and redeveloped in 2005 after a tornado struck Downtown Fort Worth. The properties feature on-site property management and six restaurants. 

SADA Capital Partners plans to upgrade the building’s facade and add new finishes and lighting along 4th Street as it seeks new retail tenants in 2023. 

Mark Dabney of BOKA Powell is leading design on the project’s exterior improvements. 

Fort Worth Tower and Tower Annex are the first purchases SADA Capital Partners has made in Texas. 

Dickies is the largest new tenant signed in Downtown Fort Worth since Oncor relocated to 777 Main St. in 2020, according to Doggett. The company’s lease will absorb the third largest contiguous block of available office space in the Downtown submarket, which has seen a host of activity. The submarket recently saw Texas A&M announce plans to expand its current campus to 675,000 square feet and Apex Financial relocate its headquarters to 60,000 square feet in the Bank of America Tower. 

Stream Fort Worth has an office leasing and property management portfolio with more than 2.2 million square feet. The team has grown to 23 employees since the office in Frost Tower opened in 2015.