The property involved in this transaction is a 16,000-square-foot industrial space located at 2501-2519 Gravel Drive in Fort Worth. The property is part of Riverbend Business Park, which is a 1.4 million-square-foot development in the market.

Summary of transation details

• Property Type: Industrial
• Transaction Date: 10/23/2023
• Address: 2501-2519 Gravel Drive
• Market: Fort Worth
• Tenant: North Texas Amusement
• Landlord: Riverbend Properties
• Brokers: George Jennings & William Wilson - Holt Lunsford Commercial

In this lease renewal transaction, North Texas Amusement, the tenant, chose to continue their lease of the 16,000-square-foot industrial space at Riverbend Business Park. The lease was negotiated by Holt Lunsford Commercial, representing the landlord, Riverbend Properties. Interestingly, in this negotiation, North Texas Amusement represented themselves, taking an active role in securing the lease agreement.