facebook
Traded Co logo
Submit

Smit Shah Of Blazing Hospitality Acquires 8.666-Acre Development Site In Fort Worth From Core Spaces

Property Image
SOLD
GC
Taylor Cluff

Texas

See Similar Deals
Development Site35,070 SF
Sold 10/15/2024
the dealplayerscompscontact
Property Image
SOLD

Smit Shah Of Blazing Hospitality Acquires 8.666-Acre Development Site In Fort Worth From Core Spaces

White Settlement Road

See Similar Deals
Development Site35,070 SF
Sold 10/15/2024
GC
Taylor Cluff
the dealplayerscompscontact
Contact now

Summary

TEXAS
Asset Type:Development Site
Price Per Square Foot:$0
Total Square Footage:35,070 SF
Transaction Type:Sale

The property asset involved in this transaction is an 8.666-acre development site located at the southeast corner of Academy Blvd and White Settlement Rd in Fort Worth, Texas. The property encompasses a total square footage of 35,070 and is strategically positioned near Loop 820, surrounded by a robust retail presence including Walmart, Home Depot, Albertsons, Aldi, and Dollar Tree.

Summary of transaction details:

  • Property Type: Development Site
  • Transaction Amount: Not specified
  • Buyer: Smit Shah - Blazing Hospitality
  • Seller: Matt Pagoria - Core Spaces
  • Broker Representatives: Giancarlo Carrier​​​​o, CCIM & Taylor Cluff - DuWest Realty

This transaction highlights the involvement of DuWest Realty, which successfully facilitated the sale between Blazing Hospitality and Core Spaces. Blazing Hospitality plans to develop a shopping center featuring multi-tenant retail buildings, along with standalone restaurant, retail, and service tenants, contributing to the growth of the West Fort Worth region.

Players

GC
Giancarlo Carrier​​​​o, CCIM
4 deals$2.7M volume
BROKER
Taylor Cluff
Duwest Realty
Taylor Cluff
1 deal(972) 741-6074
BROKER

Details

SOLD
IMAGE: Giancarlo "GC" Carrier​​​​o & Taylor Cluff DATE: 10/15/2024 ADDRESS: White Settlement Road & Academy Blvd MARKET: Fort Worth ASSET TYPE: Development Site ~ SF: 35,070 BUYER: Smit Shah - Blazing Hospitality SELLER: Matt Pagoria - Core Spaces BROKERS: Giancarlo Carrier​​​​o, CCIM & Taylor Cluff - DuWest Realty (@DuwestRealty) NOTE FROM BROKER: DuWest Realty Facilitates 8.666-Acre Development Site Sale to Blazing Hospitality in Fort Worth DuWest Realty is excited to announce the successful completion of an 8.666-acre land sale to Blazing Hospitality in Fort Worth, Texas. The site, purchased from Core Spaces, is located at the SE corner of Academy Blvd and White Settlement Rd, serving as the gateway to the under-construction West Oak residential community. This community will feature 335 luxurious single-family homes for rent, complete with outstanding community amenities. Ideally located in the fast-growing West Fort Worth region, near Loop 820 and surrounded by a strong retail presence including Walmart, Home Depot, Albertsons, Aldi, and Dollar Tree, the property is perfectly positioned for retail development. Blazing Hospitality plans to develop a shopping center featuring multi-tenant retail buildings, along with standalone restaurant, retail, and service Tenants. This transaction underscores DuWest Realty's commitment to delivering prime development opportunities in rapidly expanding markets.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$0.00

Debt Service Coverage Ratio (DSCR)

0.00x

Cap Rate

0.00%

Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00