DALLAS, TX – May 10, 2021 – Stream Realty Partners (Stream), a national real estate services, development, and investment company, is pleased to announce that Midway Logistics Park, a Class A, master-planned, infill industrial development in Haltom City, TX, has received the 2020 Haltom City Momentum Award in recognition of exceptional business growth and contributions to the community. In 2020, Stream purchased 40 acres, six miles northeast of downtown Fort Worth, and worked closely with Haltom City to develop the land into a state-of-the-art logistics park for the community. Midway Logistics Park totals 491,000 square feet consisting of three speculative buildings ranging from 126,000 to more than 200,000 square feet.
Albert Jarrell, Managing Director of Development and Construction Management in DFW, said, “From the land acquisition last year to erecting the buildings this month, Midway Logistics Park has been a collaborative and successful development project due, in large part, to the City’s ongoing support. We are thrilled to have received this award for our work ethic, development expertise, and ability to bring an increased tax base and new jobs to Haltom City.”
The Haltom City Council and city staff nominated Stream for the award. Rex Phelps, City Manager of Haltom City, stated, “Stream is renowned in DFW for their ability to proactively access development opportunities and create true value for the community, establishing relationships first. They do things differently and take a unique approach to commercial real estate—and this is what the Momentum award recognizes. When it comes to real estate development in Haltom City, Stream is the gold standard. We have enjoyed this partnership to bring Midway Logistics Park to fruition.”
The development consists of one cross-dock building totaling 156,085 square feet, one rear-load building totaling 126,320 square feet and one front-load building totaling 208,813 square feet. The buildings are expected to deliver in the third quarter 2021 and are currently available for pre-leasing.