DALLAS, TEXAS – April 29, 2015

Holt Lunsford Commercial announces the addition of six industrial properties to their leasing and management portfolio. With these recent acquisitions totaling 433,384 square feet, KFG Investment Company marks its entry into the Dallas market and increases its industrial holdings in Texas to over 1,000,000 square feet.

The acquisitions were comprised of two portfolio sales. The first is a four properties in the Class A, 96- percent leased DFW portfolio that include the 39,559-square-foot Beltline Business Center in Irving; the 39,181-square-foot 1600 10th Street in Plano; the 80,791-square-foot TriStar Tech Center and the 83,896- square-foot Carrier Place in Grand Prairie. The second is a two-property Plano portfolio that includes Summit Service Center, a 95,187-square-foot center totaling three buildings that are 98-percent occupied by 19 tenants, and the 100-percent leased Jupiter Tech Center, which has 36,695 square feet and six tenants.

Jim Brice, Partner for Texas Industrial of Holt Lunsford Commercial states, “We are excited for the opportunity to establish a relationship in the DFW market with KFG and Greg St. Clair. We look forward to continuing to grow with KFG as they expand their presence in the DFW market.”

Greg St. Clair, president of KFG comments, “We made a strategic decision to expand in Texas, and we are thrilled to now have a strong presence in Dallas. We are also very pleased to have Holt Lunsford Commercial as our service provider and future partners in the Metroplex. We like the fundamental strength of the market, and think this is an excellent time to expand. Our new assets give us a solid base from which to continue to grow and diversify within the market.”


The newly acquired assets are well located in infill locations within strong industrial submarkets in Dallas and Plano. The locations are perfect for the higher concentration of flex space in the portfolio, with direct access to transportation arteries and employment.

The HFF investment sales team representing the portfolio sales to KFG was led by senior managing director Randy Baird, managing director Jud Clements, director Robby Rieke and real estate analysts Stephen Bailey and Parker McCormack.

The HFF debt placement team representing the borrower was led by senior managing director Mona Carlton, associate director Chad Russell and real estate analyst Kris Lowe.

About Holt Lunsford Commercial

Holt Lunsford Commercial is a Dallas-based commercial real estate service and investment company. Founded in 1993, the company’s core lines of business include: development, construction management, leasing, property management, reporting/accounting, insurance consulting and investments in the office, industrial and retail sectors. HLC is the third largest commercial real estate provider in the DFW metroplex, servicing properties in Dallas, Fort Worth and Houston, totaling approximately 47 million square feet.

About KFG Investment Company

KFG Investment Company is a privately owned real estate and investment company that includes industrial and multifamily real estate; residential land and residential master-planned communities; and public and private equity investments including hedge funds and other securities. The Company is headquartered in Southern California with significant holdings in California and Texas.