CARROLLTON, TX-Home Interiors & Gifts Inc. has re-upped 244,501 sf of auxiliary warehouse space beside its headquarters and distribution hub in the North Stemmons submarket. The Frankford Trade Center warehouse is part of the CalWest industrial portfolio, a $2.5-billion offering en route to the closing table.

“It was an early renewal in advance of the anticipated sale of the property,” Robert Deptula, principal for Transwestern in Dallas tells He and Transwestern principal Nora Hogan worked out a long-term lease for as-is space in the 709,920-sf Frankford Trade Center at 2828 Trade Center Dr.

Deptula says the five-year tenant really didn’t shop the deal because it’s so close to its 659,535-sf main campus at 1649 Frankford Rd.–last year’s top deal in Dallas/Fort Worth. The Transwestern team negotiated the renewal directly with CalWest’s portfolio asset manager, San Francisco-based Rreef, which had Bryan Marsh doing its bargaining.

The 150-dock warehouse, developed five years ago, has 121, 440 sf of open space. Jean Russo with Cushman & Wakefield of Texas Inc. is marketing the warehouse space for $3.50 per sf, triple net, according to the North Texas Data Exchange.

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.