Dallas, TX, August 05, 2012 --(PR.com
)-- CASE Commercial Real Estate Partners (CASE) today announces the sale of 82,500 square feet of land located at the corner of Northwest 28th Street and Ellis Avenue in Fort Worth, Texas, on behalf of the seller, Lucky Lady Oil Company. Located within walking distance of the historic stockyards, the site included four industrial buildings totaling 22,791 square feet of space at the time of the sale and was purchased by RC&C LLC Properties.
Ted St. Clair, Director at CASE, represented the seller, Lucky Lady Oil Company. The buyer, RC&C LLC Properties, a financial holding company based in Arlington, Texas, was represented by Jesus Araiza of Armada Commercial Real Estate. The new ownership currently has plans to redevelop the land for a Mexican food restaurant.
“We are excited to have been a part of this land sale in the historic area of Fort Worth,” says St. Clair. “This is just one more example of reassurance from the investment community on their confidence of the continued growth in Fort Worth. We look forward to following the development of the proposed Mexican restaurant and to see this site resurrected into something that both locals and visitors can enjoy.”
About CASE Commercial Real Estate Partners
Founded in 1986, CASE Commercial Real Estate Partners is an independent full service commercial real estate firm headquartered in Dallas, TX with offices in Fort Worth, Austin, Houston, and San Antonio. CASE provides tenant representation, global corporate services, property management and leasing, lease administration, construction and project management, investment sales, development advisory, and sustainable workplace, among other specialized client services. Globally, CASE is part of the TCN Worldwide organization of independent commercial real estate firms providing complete integrated real estate solutions locally and internationally. With approximately $20.7 billion in annual transactions and over 80 million square feet of space under management, the organization ranks as one of the largest service providers in the industry. For more information, visit www.casecre.com.