Expansion Pushes Railhead Business Station to 100% Occupancy

Space taken by Wise Foods Inc. pushed the 214,650-square-foot Railhead Business Station in Fort Worth to 100% occupancy. The emergency foods distributor took down 33,673 square feet at the three-building, Class A industrial property at 800 Railhead Rd. The space is being used for overflow from Wise Food’s nearby Northern Cross Boulevard warehouse.

Nick Talley with Bradford Commercial Real Estate Services represented the landlord, Sun Life Assurance of Canada. George Jennings with Holt Lunsford Commercial advised the tenant in the long-term, triple-net lease. The new deal keeps the property occupied through 2019. Talley’s new deal shores up the three-building project through 2019. “Demand is so strong that owners are achieving incremental rent growth and fewer tenant concessions market-wide,” Talley said.

Railhead Business Station, which delivered in 2007, is part of the 633-acre Railhead Industrial Park.

For comments, questions or concerns, please contact Texas Commercial Real Estate News Editor Amy Sorter