Three-Building Class A Development Marks Major Investment in Southeast Fort Worth, Bringing HLC Closer to $1 Billion in DFW Development
FORT WORTH, TEXAS (November 24, 2025) — Holt Lunsford Commercial Investments (HLCI), a market-leading commercial real estate investment and development firm, celebrates the groundbreaking of Carter Crossing, a three-building, Class A, 1,010,565 SF industrial park strategically positioned at 6901 Wichita Street, Fort Worth, Texas 76140 in one of Fort Worth’s premier industrial submarkets. Construction began earlier this year, with completion of the project expected in August 2026.
The south Fort Worth submarket offers exceptional connectivity through direct access to I-20, with zero impediments to major thoroughfares, enabling business operators to efficiently serve local markets while providing seamless trucking routes to Texas’ major metropolitan areas and beyond. The submarket’s Class A industrial environment and strategic location have attracted major corporations, including tire giant Continental and food company Conagra, demonstrating the area’s appeal for diverse industrial operations.
The groundbreaking of Carter Crossing represents a significant milestone for HLCI, bringing the firm just shy of $1 billion in development activity across the Dallas-Fort Worth area. This project underscores the company’s strategy to become one of the top developers in Texas, with an established and growing presence across DFW, Austin, and Houston markets.
Project Overview Carter Crossing has been strategically designed to accommodate a diverse range of modern industrial tenants, from logistics and distribution to advanced manufacturing operations. The development’s flexible configurations and efficient layouts make these buildings ideally suited for companies seeking high-quality, modern warehouse space.
Building 1 will offer 162,862 SF of modern industrial space, designed for tenants seeking functional and efficient warehouse capabilities in a premier location.
Building 2 will consist of 142,737 SF of industrial space, thoughtfully designed for mid-sized tenants seeking flexibility and streamlined operations in south Fort Worth’s dynamic market.
Building 3 is a large-scale, 704,966 SF facility featuring extensive capacity for distribution operations. Its expansive footprint makes it an ideal solution for advanced manufacturing or large-scale logistics needs.
The project is financed by Comerica Bank, reflecting strong institutional confidence in both the development and the south Fort Worth industrial market.
Market Dynamics The south Fort Worth industrial market continues to demonstrate strong fundamentals and growth potential. The submarket recorded 375,659 SF of absorption in the third quarter of 2025. While this represents a decrease from the same period in 2024, which saw 532,405 SF, year-to-date absorption has nearly surpassed 2024 levels, requiring only 118,526 additional square feet to exceed last year’s totals. Current leasing activity has the potential to absorb 85-90% of existing inventory, which could reduce vacancy rates to approximately 9%, signaling healthy market conditions and sustained demand for quality industrial space.
Long-Term Strategic Vision “This project took five years to materialize, but it represents exactly the kind of high-quality, strategic development we’re committed to bringing to the market,” says Matt Carthey, partner and managing principal of HLC’s Fort Worth office. “You’ve got a Class A industrial environment around us, but zero impediments to get you to I-20. That’s going to be a huge competitive advantage for our tenants.”
Hutton Lunsford, chief investment officer at HLCI, emphasized the broader strategic implications: “Carter Crossing is part of our larger vision to become one of the top developers in Texas. We’ve strategically positioned ourselves across the state’s major markets, and with just shy of $1 billion in development activity in DFW alone, we’re demonstrating our long-term commitment to these communities.”
About HLCI’s Expanding Development Portfolio
The groundbreaking of Carter Crossing follows other successful industrial developments by HLCI in the region, including Everman Trade Center, a 450,000 SF shallow bay development in the south Fort Worth area. Additionally, HLCI completed construction of 451,856 SF of industrial space across three buildings north of Fort Worth earlier in 2025, with one building already leased to Houston-based third-party logistics supplier Relogistics Services, which provides pallet services for major retailers including Walmart. For leasing information, contact HLC’s Fort Worth office at 817.870.2100
About Holt Lunsford Commercial Founded in 1993, Holt Lunsford Commercial has built a strong reputation as a values-driven, market-leading commercial real estate investment firm. HLCI’s vertically integrated investment strategy is designed to deliver superior risk-adjusted returns for its investors and partners, backed by a steadfast commitment to maximizing each investment opportunity.
With over $2.5 billion in commercial real estate acquisitions and developments, HLCI has a proven track record of success. Holt Lunsford Commercial currently leases and manages nearly 100-million-square-feet of commercial property across Dallas, Fort Worth, Houston and Austin. For information, visit www.holtlunsford.com and follow HLC on LinkedIn, Instagram, X, and Facebook.
