Dallas

Stream Realty Inks Full-Building Deal with Global Solar Manufacturer for First U.S. Facility

February 05 3 min read

DALLAS, TX – Jan 30, 2024 – Trina Solar, a global leader in smart PV technology and energy storage solutions, has signed a lease in the recently completed Tradepoint 45 West industrial development within South Dallas’ Inland Port. Located in the City of Wilmer, Texas, Tradepoint 45 West is a development of Champion Partners in partnership with Cresset Partners. Stream Realty Partners, a national commercial real estate firm offering an integrated platform of services, brokered the transaction.    

Trina Solar is a leading global provider of photovoltaic products, applications, and smart energy solutions. With their 1.35 million-square-foot lease at Tradepoint 45 West, Trina will invest more than $200 million to open the company’s first manufacturing facility in the United States. Once operational later this year, this facility will create 1,500 regional jobs for the production of innovative large power output Vertex modules using the 210mm large-size wafer. These high-power solar panels use the most advanced technology in the industry, utilizing manufacturing techniques and technologies pulled from over 26 years of experience. 

“This facility represents a significant investment in American manufacturing that will bolster the U.S. solar market in addition to positioning Texas as a leader in the transition to a sustainable future. We are grateful to the City of Wilmer and look forward to the many accomplishments our partnership will bring,” said Steven Zhu, President of Trina Solar. 

With just over 1.35 million square feet located on 95 acres, Tradepoint 45 West is the largest speculative industrial development ever built in Dallas and the State of Texas. Tradepoint 45 West strategically provides connectivity to the Texas Triangle and the central United States while benefiting from strong infrastructure in the area. It is one of the premier industrial facilities in the country. 

“We are pleased that this unique and large project appealed to Trina Solar, who is making a sizable capital investment and creating a significant number of new jobs,” said Steve Modory of Champion Partners. “The City of Wilmer was also very instrumental in bringing Trina to Tradepoint 45 West and have been terrific to work with thanks to their pro-growth and pro-jobs attitude.” 

Stream represented both the landlord and the tenant in the deal. Vice President Ridley Culp, Senior Vice President Luke Davis, and Managing Director Matt Dornak represented ownership, while Senior Vice President Forrest Cook, Vice President Jeff Rein, and Executive Managing Director Seth Koschak represented Trina Solar. 

“After an 18-month nationwide search to find the perfect location, we are thrilled that Trina Solar selected Tradepoint 45 West as the site of their first manufacturing facility in the country,” said Dornak. “Champion and Cresset put significant thought into what was needed to secure a tenant like Trina. We’re excited to see the positive economic transformation the company will have on the region.”   

About Trina Solar 

Trina Solar was founded in 1997. As a global leading provider of photovoltaic (PV) modules and smart energy solutions, Trina Solar delivers PV products, applications, and services to promote sustainable development for the benefit of all humanity. To date, Trina Solar has shipped more than 170GW of modules, with shipments of 210mm modules surpassing 90GW. The company is currently developing a 5GW manufacturing base in Wilmer, Texas. 

Trina Solar has obtained extensive technical and brand recognition from renowned independent institutes worldwide, demonstrating the PV market’s strong confidence in Trina’s product value, technological innovation, and financial performance. It has scored 100% in the BNEF Bankability Survey for the past 7 years, has won “Overall Highest Achiever” by RETC for 4 consecutive years, was awarded the highest ranking, AAA, 5 times in a row in the PVTech ModuleTech Bankability Ratings report, and has been awarded “Top Performer” by PVEL for 9 consecutive years. 

 Trina Solar’s global business footprint has delivered clean energy to more than 160 countries and regions. With its mission of “Solar energy for all,” Trina Solar is committed to working with others to create a net-zero future. For more information, please visit www.trinasolar.com.  

About Champion Partners 

Based in Dallas, Champion Partners is a privately-owned entrepreneurial commercial real estate investment and development firm with a focused opportunistic and value-creation strategy, primarily within the office, industrial and land sectors. Pairing its thorough knowledge of the real estate industry with a unique understanding of the overall capital markets, Champion continues to create significant value for the firm and its clients.  For information, visit www.championpartners.com. 

 About Stream Realty Partners
Stream Realty Partners is a national commercial real estate firm offering an integrated platform of services, including leasing, Legendary CX property management, tenant and landlord representation, capital markets, investment management and sales, development, construction management, national program management, workplace strategies, strategic marketing and dedicated research. The company is headquartered in Dallas and operates 15 core offices in markets that cover areas including Alexandria, VA; Arlington, VA; Atlanta; Austin, TX; Boca Raton, FL; Charleston, SC; Charlotte, NC; Chicago; Colorado Springs, CO; Dallas; Denver; Fort Lauderdale, FL; Fort Worth, TX; Greenville, SC; Houston; the Inland Empire; Irvine, CA; Los Angeles; Miami; Nashville, TN; Orange County, CA; Phoenix; Raleigh-Durham, NC; Reston, VA; San Antonio; Tysons; Washington, D.C.; and South Florida. Since 1996, Stream has grown to more than 1,400 professionals and now completes more than $8.8 billion annually in office, industrial, retail, healthcare, land and data center transactions. For information, visit www.streamrealty.com and follow Stream on LinkedIn, Instagram, X and Facebook. 

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