FORT WORTH – Bradford Commercial Real Estate Services has gained three new tenants and kept five in place in a whirlwind round of leasing at a trio of business parks in the Fort Worth portfolio of a Florida-based investment group. The just-completed deal stack, totaling 22,550 sf, encompasses Blue Smoke Business Park, Hickory Business Park and Suffolk Business Park. Cade Navarro, broker associate in the Fort Worth office of Dallas-based Bradford, leases the trio’s 33 buildings for Basis Industrial.
“Basis Industrial has invested heavily into upgrading the three business parks, which were acquired within the past two years. As a result, there has been a substantial amount of interest in the spaces, particularly the make-ready suites,” Navarro says.
Bradford’s Navarro has secured three new tenants for Blue Smoke Business Park:
▪ Remex Liquidation Inc., 3,600 sf at 2619 Ludelle St.;
▪ Medical Breakthrough Massage Chairs LLC, 3,600 sf, at 2611 Ludelle St.;
▪ Admiral Global Ventures LLC, 1,800 sf, at 2416 Ludelle St.
Navarro, the landlord’s broker, negotiated the following long-term renewals, which were spread across the three projects:
▪ Mars Service Inc., 4,250 sf, at 1663 Hickory Dr. in Haltom City. Spencer Oster of
Cushman & Wakefield of Texas Inc. represented the tenant.
▪ Tooling Materials Inc., 4,200 sf at 2402 and 2434 Ludelle St. in Fort Worth. Bill Behr
of Transwestern represented the tenant.
▪ Eduardo Martinez Cruz, 1,800 sf, at 2357 Blue Smoke Court N. in Fort Worth;
▪ W.S. Davis, 1,800 sf, at 2301 Blue Smoke Court N. in Fort Worth;
▪ and Ampcare LLC, 1,500 sf at 2905 Suffolk Dr., also in Fort Worth.
Hickory Business Park is a three-building project, totaling 72,216 sf, set on 4.4 acres in northeast Fort Worth. Suffolk Business Park totals 117,677 sf in four buildings on slightly more than seven acres on the city’s south side. Blue Smoke Business Park contains 621,339 sf in 26 buildings on roughly 20 acres just east of downtown.
“We’re achieving market-rate rents and Triple Net leases across the board due to the landlord’s improvements,” Navarro says. “And, the pipeline is especially promising for all three developments.”
