The national real estate services, development, and investment company will develop and lease 1515 Corporate Crossing in Rockwall, Texas, for growing client Westcore, a San Diego, California-based real estate investment company. The project, planned on 43.237 acres on Corporate Crossing with immediate access to Interstate 30, will offer 301,120 square feet of divisible, Class A, speculative industrial space.
Westcore has utilized Stream’s approach to leasing on multiple projects in Dallas and Denver over the last few years. 1515 Corporate Crossing expands that partnership by tapping into the expertise and knowledge of Stream’s nationally focused Industrial Development Services division.
“This project signifies Westcore’s growth strategy in the Dallas/Fort Worth market, and Stream has been the ideal partner in delivering a strong asset in high demand,” said Hack Adams, Westcore Managing Director. “We are thrilled to continue to watch our relationship with Stream grow across multiple markets. It’s unique to find a partner that aligns with our vision, and we appreciate the partnership with Stream.”
Stream Senior Director Bates Arnot, who is based in Dallas and leads the central region for Stream’s Industrial Development Services division, will serve as Development Lead. Director Grayson Hughes will serve as the Construction Lead on the project. Stream Dallas Managing Director Matt Dornak and Senior Vice President Ryan Wolcott will oversee leasing.
1515 Corporate Crossing has a 32-foot clear height, a divisible rear load configuration, 68 dock doors, and the ability to fully secure the truck courts. The project offers 309 car parks and 62 trailer parks, both of which can be expanded based on tenant needs.
“The northeast side of Dallas continues to impress, seeing strong demand for tenants needing 35,000 to 300,000 square feet, a wide size range with limited supply,” Dornak said. “This project, with its proximity to I-30 and a growing population center and labor base, will serve the supply chain from a local and regional level, promoting future growth in the area. We are looking forward to growing our partnership with Westcore while helping to bring great tenants to Rockwall."
Stream Realty Partners is one of the fastest-growing full-service commercial real estate companies in the nation. The company has more than 250 million square feet of office, industrial, retail, and health care assignments, resulting in over $5.8 billion in real estate transactions annually. Founded in 1996, Stream has grown from its two original partners to a staff of over 1,100 real estate professionals.
