Street Realty, a Fort Worth-based full-service commercial real estate firm, has acquired a 12-acre site with 1,100 feet of frontage along West Loop 820 near Clifford Road in White Settlement, Texas, located in northwest Tarrant County. The site will be the future home of West Loop Business Park, a 140,000-square-foot light industrial business park composed of 14 modern buildings that offer shallow-bay flex space for a wide variety of businesses and tenants. Construction will commence in late 2023 with completion slated for Q3 2024.
Each building will offer 9,900 square feet, with standard units ranging from 975 square feet to 1,950 square feet, and include sought-after industrial features, such as grade-level overhead doors, LED lighting, storefront glass entries, flex/office space, clear span warehouses, heavy power, and more. West Loop Business Park will also offer ample parking, site lighting, prominent signage, security fencing, and a sustainable landscape design plan with drought-tolerant trees, native shrubs, grasses, and water-conservation technologies. Custom unit sizes and finish-outs up to 9,900 square feet will also be available for larger users.
West Loop Business Park will be located at 724 W. Jim Wright Freeway in White Settlement, Texas. Street Realty’s brokerage team will oversee project leasing, while its management team will oversee property management.
Project financing was provided by FirstBank Southwest in Fort Worth by loan office Scott Whitaker. Whitaker has financed multiple Street Realty projects, most recently the company’s Downtown Arlington mixed-use project, Front Street Village.