Prickly Pear Skin Care, LLC has signed a 67,095-square-foot lease in the North Quarter 35 industrial development in North Fort Worth, owned by Fort Worth's M2G Ventures real estate, investment and development company.
Stream Realty Partners, handling the North Quarter's leasing and marketing, announced the lease.
“We are seeing remarkable leasing activity at the project following immediate delivery," Jessica Miller Essl, co-founder and co-president of M2G, said in a release.
"The project delivered at the end of the second quarter of 2021, and two tenants have committed to 226,754 square feet. 2021 has already been a record year for industrial, and with our strategic location with interstate frontage, we are going to be a front runner in that trend.”
The four-building, 645,000-square-foot Class A industrial development is in the Alliance submarket along I-35, surrounded by top logistics companies and in one of the nation’s top-performing industrial markets.
Since the beginning of 2021, approximately 14.3 million square feet of deals have been executed in the Fort Worth market and an additional 1.1 million square feet is expected to close before the end of the third quarter, Stream said. "Spec office is available to allow for quick moving deals with first class, modern office finish-outs."
“North Quarter 35 is a one-of-a-kind industrial development in Fort Worth that is raising the bar on what occupiers can expect with their real estate needs," Seth Koschak, managing director and partner with Stream, said. "We love partnering with M2G Ventures on these deals and looking forward to quickly taking this project to fully leased.”
Koschak, Stream vice president Forrest Cook, and Stream associate Brett Carlton oversee the leasing and marketing efforts at North Quarter 35.