The Joint leased a 1,500 square feet space at Denton Crossing East at 1800 S Loop 288 in Denton, TX. The Retail Connection’s David Levinson and Jack Weir represented the Landlord in negotiating the lease along with Greg Pierce from CBRE who represented the Tenant.

Farmers Insurance leased a 1,064 square feet space at Lakepointe Towne Crossing at Hwy 360 & W Camp Wisdom Road in Grand Prairie.  The Retail Connection’s David Levinson and Brandon Trimble represented the Landlord in negotiating the lease.

JLL’s capital markets team has closed the sale of Gateway Logistics Center, a five-building, 1.4-million-square-foot, Class A++, state-of-the-art industrial park situated at the gateway to Dallas-Fort Worth International Airport in Irving, Texas. JLL worked on behalf of the seller, Bandera Ventures and Long Wharf Capital. BentallGreenOak acquired the industrial park on behalf on an institutional investor. Terms of the deal were not disclosed. Developed by the seller, Gateway Logistics Center was completed in 2019 and is leased to a roster of household name tenants. The property is located near the south entrance of DFW Airport in one of the most desirable industrial submarkets in the Dallas-Fort Worth area. The JLL capital markets investment advisory team representing the seller was led by managing director Dustin Volz, senior director Stephen Bailey, executive managing director Jody Thornton and analysts Zach Riebe and Wells Waller.

Bioworld Merchandising, a global manufacturer and distributor of licensed apparel and accessories, has signed a new industrial lease totaling 123,844 square feet at 2650 Rental Car Drive in Irving, Texas. Transwestern principal John Fulton and associate Clayton Johnson provided tenant advisory services on behalf of Bioworld, with additional support from principal Nora Hogan and senior vice president Jordan Wade. Steve Trese and Steve Koldyke with CBRE represented the building owner. “This desired and central location in DFW Airport and convenient access to Bioworld’s existing employee base were integral reasons in choosing to expand operations here,” said Fulton. “Outgrowing the current business space, excelling in the e-commerce industry throughout 2020, and the benefits of being on airport property were compelling reasons for Bioworld to expand locally.” Founded in 1999 in Irving, privately held Bioworld is a leading global manufacturer of licensed apparel, accessories and home goods. Bioworld partners with the world’s most iconic creators and brands to bring pop culture to life, all to create deeper connections between fans and the items they love. According to Transwestern’s recent Industrial Market Report, Dallas-Fort Worth delivered a record amount of new industrial space and is on a trajectory to set another record in 2021. In 2020, Transwestern completed a similarly sized transaction on airport property, with the relocation of Heritage Auctions.

B1 BANK leased 6,609-square-feet of office space at Hall Park, 3010 Gaylord Parkway in Frisco, TX. Kristin Grammar, with NewGate Development, represented the Tenant. Kim Butler, with Hall Park, represented the Landlord.

JLL Income Property Trust, an institutionally managed daily NAV REIT, has acquired Fort Worth Distribution Center, a newly constructed, Class A, state-of-the-art warehouse/distribution center totaling 350,000 square feet located in the North Fort Worth/Alliance submarket. The property’s 36-foot clear height, ample truck courts, newer construction features and excess trailer parking make it attractive to today’s demanding warehouse tenants. The asset also enjoys immediate accessibility to essential transportation infrastructure including Interstate 35 and SH-114, the Alliance BNSF and Union Pacific intermodal rail hubs, FedEx Southwest Regional SortHub and Alliance and DFW airports. This investment is JLL Income Property Trust’s fourth acquisition and fifth warehouse building acquired in the DFW market. JLL Income Property Trust’s industrial footprint in the DFW market now totals 1.4 million square feet and prior to this investment was fully leased. “Acquiring a vacant warehouse directly from a developer in an off-market transaction is somewhat unique for us,” said Allan Swaringen, president and CEO of JLL Income Property Trust. “However, given the nearly half a million square feet of leasing recently we’ve completed in 2020 across our 8-million-square-foot, nationally diversified industrial portfolio which itself is 99 percent leased and occupied, we remain bullish on the industrial sector overall and look to increase our allocation as we head into the new year. Once stabilized, this ‘lease-to-core’ investment will be highly accretive to our portfolio and may also provide an opportunity for growth given our above current market cap rate acquisition price.” At over 800 million square feet of warehouse space, the DFW industrial market ranks as the fourth largest industrial hub in the U.S. LaSalle’s research and strategy group has identified DFW as one of the top performing industrial markets due to robust population and job growth driven by lower taxes and a favorable business climate which supports immigration and corporate relocations. Through mid-year 2020, the DFW industrial market had experienced 39 consecutive quarters of positive absorption despite a robust construction pipeline of new warehouses.