Trinity Forge Inc. has sold a 14-acre tract near downtown Mansfield to a local industrial developer, who’s planning to build a six-building project with 104,440 sf of class A multi-tenant warehouse space.
The seller has parted with excess land at 947 Trinity Dr., where it operates a large-scale machine and die shop. Josh Meraz, marketing director of Bradford Commercial Real Estate Services, and Michael W. Spain, executive vice president and managing partner, represented Trinity Forge in the disposition.
“There were a lot of calls even after the site went under contract,” Meraz says.
Shortly after the sale closed, the buyer, Industrial Reserve LLC, began marketing Mansfield Commerce Park. The proposed development calls for single-story structures ranging from 12,140 sf to 104,400 sf with ample outside storage.
Mansfield Commerce Park will be surrounded by industrial development and positioned slightly south of the city’s business district. Brant Landry of Landry Commercial Inc. represented the buyer.
“There is strong demand for storage and warehouse space in the market,” Meraz says. “It’s a good location in the heart of an established industrial submarket.”
NORTH TEXAS SALE
Industrial Reserve LLC has acquired 14 acres of industrial land at 947 Trinity Dr., Mansfield, from Trinity Forge Inc. Josh Meraz, marketing director of Bradford Commercial Real Estate Services, and Michael W. Spain, executive vice president and managing partner, represented the seller. Brant Landry of Landry Commercial Inc. represented the buyer.
NORTH TEXAS LEASES
Model My Home has renewed 9,300 sf of industrial flex space in Trinity West Business Park A, 1550 114th St., Grand Prairie. Jim Ferris, vice president of Bradford Commercial Real Estate Services, and Michael W. Spain, executive vice president and managing partner, represented the landlord, William J. Owen Trust and OMO investment Co. John Brewer of Transwestern represented the tenant.
Fort Worth IT Realty has leased 2,363 sf of office space in Legend Bank Building, 6851 NE Loop 820, North Richland Hills, from Cocanougher Asset 1 Ltd. Erik Blais, first vice president of Bradford Commercial Real Estate Services, represented the landlord in the direct deal.
Bradford Commercial Real Estate Services/CORFAC International is a full-service real estate company based in Dallas with an annual transactions volume exceeding five million square feet. The company manages and leases more than 20 million square feet, valued at $300 million, in North Texas for its strategic partners.
