FARMERS BRANCH, TX-A 116,000-sf industrial building, bought empty six months ago, is being locked down for the long term, with the first tenant setting its sights on a June 1 occupancy of the Farmers Branch property.

The first to cross the finish line is Unique Motorcars, which struck a deal with its longtime building owner, TA Realty Associates of Dallas, to exit 6,000 sf at one location and set up shop in 28,000 sf at 13950 Senlac Dr., now being retooled for the arrival. “That building’s being put to bed for a long time,” Craig Hughes, marketing director for Dallas-based Holt Cos., tells of the long-term leases that he’s collecting for TA Realty Associates.

The deal with Unique Motorcars, led by partners of a Dallas insurance company, has sparked a rehab to convert a distribution building into a manufacturing facility for the production of GT 500E Shelby Mustangs. The rehab includes customizing the space with 1,500 sf of showroom area for a Hall of Fame and a three-stage paint booth for the assembly line.

The limited edition vehicles, 1968 bodies with 2003 guts, are selling at prices upward of $150,000 apiece. Hughes says the inbound tenant has sold four, has orders for 40 more and is holding a contract for another 475 muscle cars for legendary racecar driver, Carroll Shelby.

Unique Motorcars will employ about 30 in office and production jobs at the site. David Dunn of Dunn Commercial LP in Arlington represented the partners, who have flagged their hobby for an income-producing business.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join now!

  • Free unlimited access to's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.