No market was hotter than North Texas last year for industrial deals, and Dallas-based SRS Real Estate Partners is the newest player to enter the warehouse and distribution vertical. SRS has served the North Texas region since 1986 specializing in retail space and now, SRS Industrial—which launches with six industrial professionals—will aim to serve the retailers in need of industrial space.

“In the last few years, there has been a sharp rise in industrial real estate needs for retailers,” said Chris Maguire, CEO and chairman of the board for SRS. “Where retailers once had a few distribution centers spread across the country, they now are looking for a myriad of industrial facilities to serve their rising e-commerce distribution needs. In addition, our owner services clients are finding it increasingly important to embrace non-traditional retail tenants to remain relevant. Our net lease investment clients have also shown strong interest in industrial, and we continue to bring more of that product on the market.”

Brant Landry, the founder and former president of Landry Commercial Real Estate Services, was recruited to lead SRS Industrial. Joining him are vice presidents Joseph Cooper, Shannon Johnston, Dennis Sims, and Lance Woodward, and senior marketing coordinator, Stephanie Martin. Click to read more at www.dmagazine.com.

A first-class location for professionals and families, Allen is now also in high demand for corporations and employers too.

Allen, population 107,000, is an affluent suburb located just 25 miles northeast of downtown Dallas in Collin County, one of the nation’s fastest growing counties.

Lured by desirable neighborhoods, nationally rated public schools, safety and modern comforts – people live well here. That’s why Allen was ranked #2 Best Place to Live in the Nation by MONEY Magazine and Best Suburb for Millennials in Texas by CNBC.

Great places to live also make for great places to work, allowing companies to leverage Allen’s abundant dining, entertainment and sports teams, and award-winning parks and trails as a valuable employee recruitment tool. Allen has a rich collection of leading-edge companies in technology, real estate, healthcare, finance and more. Allen attracts some of the most highly skilled senior talent in the world and has a strong pipeline of future workers.

Over 1.7 million workers live within 30 minutes of Allen. Our business parks and developments are second to none, with walkable outdoor green spaces near restaurants and entertainment venues. Our business travel and accessibility are international-class, and only a short drive to the airport. And our competitive market for the best talent is unrivaled. Click to read more at www.rednews.com.

Marcus & Millichap announced the sale of 2200 Interstate 20 W, a 7,185-square foot office property located in Arlington, Texas.

Associate Brad Mills in Marcus & Millichap’s Fort Worth office, had the exclusive listing to market the property on behalf of the seller, a limited liability company. The buyer, a limited liability company, was secured and represented by Investment Specialist Derek L. Caldwell in Marcus & Millichap’s South Bay office.

“We were able to secure six offers and ultimately the buyer came from out of state,” Mills stated. “We were able to procure the buyer using Marcus and Millichap’s internal platform, MNET. The buyer was seeking income-producing properties in income-tax-free states. The M&M agent in the San Diego office ran a search and our property fit his criteria. The buyer provided an all-cash offer and we closed in 35 days.”

2200 Interstate 20 W is located at 2200 I-20 in Arlington, Texas.

CEO/Managing Partner Thomas Crowther says his design-build firm, named by SMU Cox as one of the fastest-growing privately-owned companies in North Texas, is thriving because of an emphasis on serving others.

When it comes to the future of CRE in North Texas, Thomas Crowther is clear: “Every day I wake up in DFW, I’m grateful that I’m in the commercial real estate winner’s locker room.” His Dallas-based commercial construction and design-build firm works with clients across the retail, healthcare, office, restaurant, and education sectors.

The firm, which considers diversity a strategic business advantage, was recently named the general contractor for the Dallas Housing Authority’s 29,000-square-foot headquarters building expansion. Other notable Crowther Group projects include the remodeling of more than a dozen Target stores in Texas and Louisiana, partnering to build Parkland Hospital’s Outpatient Clinic, and constructing a new facility for Dallas ISD’s Early College High School at Mountain View.

Several months before the company celebrated its fifth-year anniversary in March, The Crowther Group came in at No. 7 in the Dallas 100, Southern Methodist University’s Cox Business School’s annual list of the top 100 fastest growing privately-owned companies in Dallas-Fort Worth. Click to read more at www.dallasinnovates.com.

New York-based IG Logistics is expanding their footprint in Dallas with the acquisition of a nine-acre truck terminal at 2121 E. Grauwyler Road. The site is a true transportation and logistics trophy asset in the heart of Dallas. The property includes a 62 dock door truck terminal and repair shop with five drive-through bays and office space, together totaling 40,170 of rentable square feet. The entire property has recently undergone a renovation to bring the property to true Class-A standards and is located in one of the most robust industrial submarkets in the Dallas-Fort Worth area. Greg Cannon of Colliers represented the seller.

The property is 100% leased to Petro Chemical Transport, a subsidiary of Kenan Advantage Group. KAG is North America’s largest tank truck transporter and logistics provider, specializing in the delivery of fuels, chemicals, specialty products, foods, and industrial gasses. KAG operates an extensive North American footprint and is able to service the critical, “last-mile” link in the distribution networks of over 2,000 customers at the regional, national and cross-border level.

IG Logistics currently owns 4226 E. Main St. in Grand Prairie which is a 65 acre industrial site with an 85,000 square foot building in one of the best locations in Dallas.