This Week's Dallas-Fort Worth Deal Sheet

An Oregon-based manufacturer has expanded its Texas footprint with a long-term lease in Irving.

9000 Royal Lane In Irving

Western Pacific Building Materials will occupy 102K SF at Prologis Freeport Distribution Center Building 2, located at 9000 N. Royal Lane. The company, which also has centers in Houston and Austin, has been eyeing a third Texas location since November.

Joe Santaularia, senior vice president and managing partner at Bradford Commercial Real Estate Services, represented the tenant. Mitch Pruitt of Prologis and Jeremy Kelly of Stream Realty Partners represented the landlord, Prologis.

“We had to sprint to find a new location because a previously negotiated site fell out due to a change in the occupancy date,” Santaularia said in a statement. “There aren’t a lot of options for large blocks of space.”

Western Pacific’s lease brings the 227K SF building to 100% occupied.

SALES

Knightvest Capital acquired The Encore Apartments in the Legacy area of Plano. The purchase represents the inaugural investment in the company’s second fund. The company plans to renovate the three-story property’s interiors and amenities and to add a resident lounge.

CONSTRUCTION AND DEVELOPMENT

Centurion American Development Group broke ground on Cottonwood, a 678-acre development north of McBee Road in Dorchester. The master-planned community will include more than 2,000 residential lots spread across five phases of development. Homebuilders under contract for the first three phases include DR Horton, Beazer Homes, Pulte and M/I Homes. The first lots are expected to be delivered to homebuilders by spring 2026.

***

Andretti Indoor Karting & Games is scheduled to open at 3750 S. Highway 161 in Grand Prairie on July 10. The 92K SF entertainment complex includes high-speed electric cars on a multilevel track, as well as arcade games, virtual reality experiences, bowling, a motion theater and a two-story laser tag arena, according to the Dallas Business Journal.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Dallas-Fort Worth Newsletters
Related Stories

2 Senior Housing Facilities Sell For $172M: The South Florida Deal Sheet

Developers To Bring 83K SF Industrial Project To Colleyville: The DFW Deal Sheet

JLL Lists 2M SF Maritime Campus: The San Francisco Deal Sheet

Efficiency, Speed And Experience: What CRE Needs To Know About The New Texas Business Courts

Local Coffee Shop To Open Third Location: The Denver Deal Sheet

The Honest Co. Moving HQ To The Bluffs: The Los Angeles Deal Sheet

Trammell Crow Starts Phase Of 2M SF Industrial Park: The Houston Deal Sheet

Developers Eyeing Dallas' 50-Mile Trails Loop For Uptown-Like Opportunities

Sandy Springs Shopping Center Gets Incentives For Major Overhaul: The Atlanta Deal Sheet

How Addison, Texas, Upholds Its Regulatory Standards And Keeps Building Projects Moving Forward

Olde Richmond Project Lands $20M Construction Loan: The Philadelphia Deal Sheet

Dallas-Based White Rose Partners Seeks To Build Data Center In Prosper