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Sunday, January 24, 2021

Real Deals: Wildcatter Ranch & Resort for sale

Wildcatter Ranch & Resort for sale

Want to own your own Texas ranch and resort, just a few minutes from Fort Worth? Wildcatter Ranch & Resort, a 1,484-acre piece of Texas land located near Graham, is up for sale, priced at $14.9 million.

Michael D. Crain of Briggs Freeman Sotheby’s International Realty is listing the ranch and resort that backs up to the Brazos River and features Western-themed cabin suites, a host of upscale amenities and buckets of Texas history and culture.

Guests from all over the world have traveled to experience the Wildcatter Ranch and it has been used as a location for several films including Lonesome Dove and The Sons of Katie Elder. It’s also received extensive media coverage in high-profile publications including the New York Times, Chicago Tribune, USA Today, Austin Monthly, Modern Luxury, D Magazine, and now, the Fort Worth Business Press.

With 16 cabin suites, a 16-room hotel, a 15,436-square-foot main house, two two-bedroom homes, two horse barns, a 25,000-square-foot restaurant, an enclosed pavilion, three small buildings, a maintenance building and water house with pumps, the ranch is well-equipped for extraordinary entertaining and recreation. It is turnkey ready for a seamless transfer of ownership.

“Wildcatter Ranch is steeped in history and its serene and peaceful setting is the perfect place to relax and reconnect,” said Crain in a news release. “As a turnkey property that is fully operational, this is a rare opportunity to generate income while sharing a Texas treasure.”

Resort amenities include horseback riding, an archery range, a sporting clay shooting range, world-class fishing, a pool, a hot tub, a therapeutic spa and 25 miles of hiking and riding trails. Possum Kingdom Lake is minutes away.

www.13wildcatterranch.com/

ARLINGTON’S BARDIN POINTE

GAINS 2 NEW TENANTS

In back-to-back signings, General Motors Financial Co. Inc. and Epic Health Services have leased the majority share of space vacated last year by State Farm Insurance in east Arlington.

Fort Worth-based GM Financial, the wholly owned captive finance subsidiary of General Motors Co., is planning to open a call center in 46,228 square feet of the first floor at Bardin Pointe, 1351 E. Bardin Road Epic Health, too, has leased ground-level space, snapping up 5,897 square feet for a new pediatric therapy facility.

“State Farm moved and GM’s deal was done quickly thereafter. There were several companies competing for this space,” said Theron Bryant, principal of Coldwell Banker Commercial Advisors DFW. “It’s a rare opportunity for the landlord to be able to choose the tenant. The best terms and best credit were the dealmakers.”

The strong competition for the Class A suburban office space is the lack of large blocks in that category in Arlington, which offers an enviable location midway between Dallas and Fort Worth. The 96 percent-leased, two-story office building is situated on land that backs up to Interstate 20 at the Bardin Road exit. It’s also just 1 mile west of State Highway 360, putting Dallas Fort Worth International Airport within easy reach and expanding the size of the available labor pool.

Boasting a historically high occupancy, the 113,000-square-foot Bardin Pointe was developed in 2003 on a 7.5-acre tract with 678 parking spaces. Regional Acceptance Corp. has occupied the second floor for several years. There is just 4,000 square feet left to fill for the Ohio-based landlord, Hauck Holdings Arlington LLC. Bryant teams with CBCA DFW associate Casey Tounget on the leasing assignment.

Construction will start soon on GM Financial’s space, which will be ready for move-in July 1. Epic Health is planning to ramp up its new pediatric therapy facility in the third quarter.

Both leases are long-term, with GM Financial’s extending well beyond 5 years. Rick Hopwood of Hopwood Commercial Real Estate represented GM Financial. Cribb Altman of Cushman & Wakefield of Texas Inc. handled negotiations for Epic Health.

PET FOOD FIRM LEASES

NORTH TARRANT SPACE

NewQuest Properties has landed a Texas newcomer, Wag N’ Wash Natural Food & Bakery, for the second phase of the Kroger-anchored North Tarrant Marketplace retail center in North Richland Hills.

“The franchisee wanted to bring this concept to Dallas-Fort Worth. He’s planning to open in a few more markets in DFW,” said Josh Friedlander, associate for NewQuest Properties, which developed the shopping center.

Wag N’ Wash Natural Food & Bakery, a pet food store, has taken 4,844 square feet in an 8,500-square-foot building that started on a speculative basis and is now fully leased. The balance of the Class A space was pre-leased to Banfield Vet Clinic. The building will deliver in April, jumpstarting tenant finish-outs. Both businesses will open in late summer.

The center is situated on nearly 35 acres at the crossroads of North Tarrant Parkway and Precinct Line Road. North Tarrant Marketplace’s phase two is anchored by a 37,046-square-foot LA Fitness. With construction well underway, the California-based fitness chain is planning to open in early July.

“Kroger and LA Fitness are the biggest draws for this center. That’s what separates us from our neighbors,” Friedlander said. The 123,000-square-foot Kroger is approaching its second anniversary as the anchor of phase one.

Colorado-based Wag N’ Wash was named “Retailer of the Year for Concept and Innovation” in February by Pet Product News. The chain has 15 shops in eight states, with Texas adding one more in a portfolio of corporate-owned and franchise locations. In addition to retail products, each store offers full-service grooming for cats and dogs, all natural foods and pet washing, including self-washing stations.

“The synergy between Wag N’ Wash and Banfield Vet Clinic will work well,” Friedlander said.

Also under construction as part of the second phase is a 7,042-square-foot building that will house Jersey Mike’s Subs, The Joint, Cellphone Trendz and Mattress Firm. Openings are expected in late August and early September.

“This area has great demographics,” Friedlander said. “These buildings have just popped up in the past few months. Any time you’re 100 percent leased before you’ve delivered, that’s ideal.”

NewQuest Properties started construction on North Tarrant Marketplace in 2014. The project has 32,000 square feet of inline space and seven pad sites, of which four have been developed. Talks are underway with prospective tenants for the remaining pad sites, all fronting Precinct Line Road.

LEASES

MediCi Pizza franchisee Michael Crain has leased 4,206 square feet in the developing Left Bank complex off West Seventh Street. Opening for the restaurant is planned for the fall. Will Northern of Northern Realty Group LLC represented the tenant in negotiations with Centergy Left Bank LP. (See the March 20 issue of the Fort Worth Business Press for more information on the restaurant.)

Sheffield Metals International has leased 44,162 square feet at Midpoint I-20 Distribution Center, Building 1, 3701 New York Ave. in Arlington. Cannon Green, Luke Davis and Sarah Ozanne of Stream Realty Partners LP-Fort Worth represented the landlord.

Anew Business Solutions has leased 30,000 square feet at Mayfield Business Center, 3450-3470 S. Watson Road in Arlington. Michael Spain and Clint Manning of Bradford Commercial Real Estate Services-GSW Office represented the landlord.

Business Concepts LLC has leased 24,581 square feet at 2220 Delante St. in Fort Worth. Brent Landfried of Mercer Co. represented the landlord.

National Checking has leased 14,938 square feet at 2001 E. Randol Mill Road in Arlington. Dan Lawson and Chris Bly of Proterra Properties Inc. represented the landlord.

Garage Door Services has leased 13,900 square feet at 2212-2222 Commerce Drive in Arlington. Dan Lawson and Chris Bly of Proterra Properties Inc. represented the landlord.

Oncor has leased 9,649 square feet at Oncor Electric Delivery Building, 115 W. Seventh St. in Fort Worth. Theron Bryant and Casey Tounget of Coldwell Banker Commercial Advisors–DFW represented the landlord.

Pet Supermarket has leased 6,508 square feet at Town Center Colleyville, 5601-5611 Colleyville Blvd. in Colleyville. Easley Waggoner and Amy Pjetrovic of Venture Commercial–DFW represented the landlord.

Plycon Transportation Group has leased 6,048 square feet at 1013-1031 Avenue M in Grand Prairie. Jeremy Mercer of Mercer Co. represented the tenant. Steve Koldyke and Kacy Jones of CBRE–Arlington represented the landlord.

Gyro Stop has leased 2,535 square feet at Mansfield Town Center (East), 121 W. Debbie Lane in Mansfield. Bryan Dyer with The Woodmont Company-Fort Worth represented the landlord.

Make It Happen Floors has leased 1,857 square feet at Ensenada Square, 301-333 S. Bowen Road in Arlington. Britton Lankford of Bright Realty Brokerage LLC. represented the landlord.

Send newsmakers to Robert Francis at rfrancis@bizpress.net.

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