It's a classic win-win for all. Woodbine Development Co. gets its largest DFW Freeport user out of the year-long negotiations for a 14.8-acre tract abutting Nissan's 17-acre, 230,000-sf parts distribution center. Nissan gets to double its space in a three-story office project being designed with a full-amenity campus. And, the region gets more jobs in the long run and a shot of adrenalin in the short term.

The financing arm of Nissan North America Inc., poised for a high-growth year, has inked a long-term lease with Wells Operating Partnership LP of Dallas. Wells has signed a full Dallas team for the project. Champion Partners Ltd. is the developer; HKS Inc., the architect; and Thos. S. Byrne Inc., the general contractor.

The sale leaves Woodbine with just 54.3 acres--all fronting Interstate 635 and bringing $9.66 per sf--to hawk out of 550 that have been under development since 1979. Another closing could come down in October, Tim Stiles, Woodbine Development's vice president, confides to GlobeSt.com. A 9.5-acre tract is under contract to a full-service hotel developer.