Younger Partners Closes Four-Acre Deal in Active East Fort Worth Submarket

Site Near Loop 820 & SH 121 Closed Within Three Months of Listing

RICHLAND HILLS, Texas (Sept. 24, 2024) – Younger Partners Senior Vice President Michael Ytem successfully negotiated the sale of a four-acre parcel zoned business park in the active East Fort Worth submarket.

Ytem represented the seller, Bridge Cap Partners, in the 2525 Handley Ederville Rd. transaction. Forrest Cook, a Senior Vice President at Stream Realty Partners, represented the buyer, G-Catch LLC.

The site near Interstate 820 and State Highway 121 once held the 150,000-square-foot Advanced Foam Recycling which was destroyed in a fire in 2021. Following that event, the structure was razed, and the pad scraped, with the seller acquiring it in 2022 as an opportunistic play.

“The location drove interest in the site. It’s at the very edge of where the East Fort Worth submarket ends and the Mid-Cities begins,” Ytem added. “With major thoroughfare access, it’s ideal for servicing both Fort Worth and Dallas.”

The property sold within three months of its listing date.

“The buyer was highly motivated to close on this deal,” Ytem said.

Cook said that the new owner is an established player in the DFW market, with plans to build flex and retail buildings on the acreage.

“East Fort Worth continues to be a highly sought-after industrial market due to high barriers to entry coupled with excellent labor and connectivity with the Dallas-Fort Worth Metroplex,” he added.

Ytem explained that the seller is a long-term client of Younger Partners Managing Principals Trae Anderson and Sean Dalton.

“It was a true privilege working for Sean and Trae’s client as the designated land expert.” Ytem said, adding that the transaction sailed through with few obstacles. “Forrest Cook was easy to work with on this transaction.”

Ytem, along with Younger Partners Executive Managing Director John St. Clair, recently listed Bell County 707 Ranch in the fast-growing Central Texas city of Temple to the market for immediate sale. The 707-acre ranch at West Adams Avenue and Texas 317, two of Temple’s main arteries, just minutes from Interstate 35 has a starting list price of $40 million. On-site amenities include an operational horse ranch, a working stone quarry and several natural springs. Also included is a 4,000-square-foot, 19th-century house built from stones sourced from the land and remodeled in 2015.