DALLAS – April 14, 2022 – Stream Realty Partners has executed a 100,129-square-foot lease for a leading-edge technology company at 3101 Pinewood Drive in Arlington, Texas, on behalf of its client, M2G Ventures, a North Texas-based real estate, investment, and development company. Stream is a national real estate services, development, and investment company based in Dallas.

The 100% leased, single-tenant redevelopment project is in the highly sought-after Great Southwest-Arlington submarket–an area that is attracting attention from regional and national tenants. With significant capital improvements including landscaping and a façade overhaul, a speculative office, and roof and lighting upgrades, M2G Ventures redeveloped the infill logistics facility to meet the demands of today’s modern industrial standards. The building sat vacant for 10 years prior to M2G Ventures acquiring it in 2021. In just one year, the project is redeveloped and fully leased.

“We are so proud to deliver this urban industrial asset in such a tight submarket,” said Jessica Miller Essl, Co-Founder of M2G Ventures. “And we are thrilled a leading-edge technology company has chosen Pinewood to be their distribution facility.”

Through the end of 2021 and into Q1 2022, the Great Southwest-Arlington submarket remains DFW’s premier market for occupiers due to its accessibility to Dallas and Fort Worth, strong labor force, and proximity to Dallas Fort Worth International Airport. Record high absorption and historically low vacancy have driven activity in the GSW submarket for high-quality national tenants.

“M2G has been a valued customer who is entrepreneurial and in tune with the ever-changing market dynamics,” said Stream Senior Vice President Luke Davis. “With very few land sites left for new development in the Great Southwest-Arlington submarket and some of the highest demand for industrial space in the metroplex, the area’s infill growth is some of the strongest in the country.” Davis and Stream Associate Mike Knudsen represented the landlord, M2G, in the transaction. Steve Koldyke and Brian Gilchrist of CBRE represented the tenant.

The Woodmont Company, a national real estate firm specializing in the development, management, leasing, and sale of retail properties, announced that it has represented Hobby Lobby in a sublease to Dick’s Sporting Goods for a 50,000-square-foot building located at 5550 Preston Road in Frisco, Texas.

Evan Bloom of The Woodmont Company represented the sublessor Hobby Lobby. The sublessee, Dick’s Sporting Goods, was represented by Edge Realty, Megan Trimble and Greg Bracchi.

Beacon Oral Specialists, LLC expanded into 5,016 square feet at 12221 Merit Drive in Dallas, TX. Jim Graham with Newmark represented the tenant and Yvette Rodriguez represented the landlord, Hartman Income REIT.

Pecos Construction renewed 3,609 square feet at 8111 LBJ Fwy in Dallas, TX. Yvette Rodriguez represented the landlord, Hartman Income REIT.

Rajib Rajbhat leased 2,192 square feet at 1333 Corporate Drive in Irving, TX. Allison Fannin represented the landlord, Hartman Income REIT.

American Landmark Apartments has acquired Cavalli at Iron Horse Station, a brand-new, 328-unit apartment community located in the Fort Worth submarket of North Richland Hills, Texas. This is American Landmark’s fourth multifamily apartment community in Fort Worth, and its 12th in the Dallas-Fort Worth metro area.

According to Moody’s Analytics, the pandemic accelerated a wave of professional relocations to the Dallas-Fort Worth area, and net migration is expected to grow by 42 percent in 2022 alone. Employment is also projected to increase by 4.8 percent.

Built in 2021 and located at 6490 Iron Horse Boulevard, Cavalli at Iron Horse Station offers one-, two- and three-bedroom floor plans ranging from 605 to 1,298 square feet. Apartments feature high nine-foot ceilings with Energy Star-rated ceiling fans and custom light fixtures, vinyl-wood plank flooring, granite countertops, garden bathtubs or walk-in showers, energy-efficient water heaters and stainless-steel appliances, large covered patios or balconies and walk-in closets.

The pet-friendly community also provides a wide range of modern amenities, including a resident lounge with Wi-Fi, resort-style swimming pool, media room with shuffleboard and foosball, fitness center and yoga studio, barbeque and picnic area, pet park, spa and grooming station, 24-hour emergency maintenance and controlled-access entry.

The property is conveniently located just 5 minutes north of the I-820 Express, a 30-minute commute to downtown Fort Worth or downtown Dallas. The property offers a suburban lifestyle close to various dining and shopping options, like North East Mall and Melbourne Plaza.