AUSTIN – October 8, 2025 – Stream Realty Partners, a national commercial real estate firm offering an integrated platform of services, brokered the sale of 1205 Reed Drive, a premier 283,000-square-foot industrial building spanning 25 acres in Lockhart, Texas. The property was purchased by Sensei Farms, the sustainable farming company backed by Sensei Ag Holdings, Inc., from Austin-based Evergen Equity.
The unique property includes a 5.38-acre greenhouse, a 48,900-square-foot high-tech warehouse that serves as the nucleus of the site, and nine acres of excess land available for future development. Stream Managing Director Ralph Coppola, Senior Associate Will Hall, and Associate Bridger Gunderson represented the seller, Evergen Equity, in the transaction.
Sensei Farms, backed by Oracle Co-Founder Larry Ellison, has executed another high-profile CRE investment in the Greater Austin market, joining the ranks of Elon Musk, Michael Dell, and Tito Beveridge. Founded in 2018 by Ellison and Dr. David Agus, the company is a leader in sustainable agriculture with operations in Hawaii, California, and Canada. The Lockhart acquisition marks a significant step in Sensei’s Texas expansion and underscores Ellison’s long-term vision to transform food production through advanced agricultural practices.
“Lockhart continues to emerge as a hot spot for food manufacturing and innovation, specifically in the ag-adjacent industrial sectors, and 1205 Reed Drive is well-positioned to support that growth,” said Coppola. “We are proud to have played a role in facilitating this transaction and look forward to seeing how Sensei Farms contributes to the region’s evolving economy.”
“We are thrilled with the result of this transaction, and we firmly believe this will lead to a great long-term outcome for everyone involved,” said Omar Hossain of Evergen Equity. “Stream proved to be an exceptional partner who demonstrated acute focus throughout the process, and we’re thankful they brought us together with Sensei Farms. We are also excited to witness the positive impact that Sensei will create for the broader Lockhart community for many years to come.”
For more information, contact Stream Austin at 512.481.3000.
About Stream Realty Partners
Stream Realty Partners is a national commercial real estate firm offering an integrated platform of leasing, investment and development services. This includes tenant and landlord representation, Legendary CX property management, capital markets, investment management and sales, construction, construction management, national program management, workplace strategies, strategic marketing, and dedicated research. The company is headquartered in Dallas with operations in core markets coast to coast. Since 1996, Stream has grown to more than 1,550 professionals and now completes annual transactions valued at more than $8.9 billion in office, industrial, retail, healthcare, land, and data center properties. For information, visit www.streamrealty.com and follow Stream on LinkedIn, Instagram, X and Facebook.
