Sprouts Farmers Market planned for Arlington site

11/24/2013 12:00 AM

11/23/2013 12:51 PM

Sprouts Farmers Market may be headed to south Arlington.

Developer Arch Pardue, who two years ago bought the former Minyard Food Store shopping center on the north side of Interstate 20 at Green Oaks Boulevard, has plans before the city to locate a Sprouts supermarket at the site.

“We anticipate it happening,” Pardue said of the build-to-suit project.

Two years ago, the 5-acre site was developed with a Walgreens drugstore, and a Wendy’s fast-food restaurant is nearly completed. Sprouts would occupy about 27,650 square feet.

The estimated cost of construction is $3.7 million, according to permit filings, which list a completion date in July 2014.

A spokeswoman with Sprouts did not return phone calls seeking comment on the project. In Tarrant County, Sprouts has stores in Fort Worth, Keller and Southlake.

Andy Edwards is a development partner with Pardue, who owns Tri-Logic Capital in Dallas.

Fort Worth industrial property sold

Arlington-based SkyWalker Property Partners has bought the fully-leased May Group International property in the Carter Industrial Park in south Fort Worth.

May Group is a manufacturer of aluminum gasoline price signs and is located at 1200 Forum Way. The company leases two office/warehouses totaling 138,000 square feet for its headquarters and production facilities.

SkyWalker bought property for its Hangover Opportunity Fund, which just completed buying a former antique mall location on Lamar Boulevard in north Arlington.

SkyWalker bought the property, an 11.5-acre site, from RR May Landholdings.

Transactions

721 111th St., Arlington

Alpha Furniture has leased 125,000 square feet of office/warehouse space. Michael Stanzel and Michael Newsome with NAI Robert Lynn negotiated the deal.

2027-29 N. Main St., Fort Worth

Keystone Exploration has leased 8,000 square feet of retail space. Tom Heraty with NAI Robert Lynn represented the landlord.

2412 Northeast Parkway, Fort Worth

L&S Mechanical has leased 32,819 square feet of office/warehouse space. Todd Hubbard with of NAI Robert Lynn represented the landlord. Kent Smith and Michael Newsome with NAI Robert Lynn represented the tenant.

7509 Chapel Ave., Fort Worth

13 Stripes, a golf apparel distributor which does business as Deveraux, has leased 1,900 square feet of office space from Cendera Real Estate Investments. Dick Myers with Coldwell Banker Commercial Searcy Vasseur Group represented the landlord.

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