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FORT WORTH, Texas (June 11, 2025) — Majestic Realty Co. and joint-venture partner Hickman Companies, announced the signing of a long term lease agreement with National Distribution Centers, L.P., doing business as NFI, at the partners’ Fort Worth South Business Park, a 320-acre, master-planned development located just 2.5 miles south of the I-20 and I-35 interchange.
NFI, one of the nation’s largest, most reputable third-party logistics providers, will occupy the remaining 129,143 square feet of the 258,000-plus square-foot Building #5, located at 473 Successful Drive. In addition to its prime service location and easy freeway access, the building features the most modern industrial distribution and logistics space and amenities, including rarely found 40-foot clear height in a building of its size.
Majestic Fort Worth South Business Park
Expanding its presence in the Fort Worth south submarket, as well as its relationship with Majestic Realty Co. in markets across the country, NFI will also be supported by a strong labor market in what will be a high employment location.
Will Carney, Nathan Lawrence and Krista Raymond of KBC Advisors represented NFI in the long-term agreement while Majestic Realty was represented by its Fort Worth team including Kyle Valley, Cameron Pybus and Nada Leanndra.
“Working collaboratively with our partners at Hickman Companies, we continue to focus our development out in front of the market to deliver the product size, amenities and timing that high quality, high credit tenants like NFI are looking for as they grow their business,” said Majestic Realty Co. Senior Vice President Kyle Valley. “We’re incredibly pleased to expand our relationship with a respected operator and partner like NFI as we welcome them to our park.”
Majestic Realty and Hickman Companies have completed the development of 2.65 million square feet across 8 properties during the first two phases of development at the park since 2018.
In addition to build-to-suit opportunities, Fort Worth South Business Park currently offers as much as 780,000 square feet of available space in its portfolio in a building that also features 40-foot clear height, 50-foot by 56-foot bay spacing, 437 auto parking spaces, 173 trailer parking positions, 131 dock-high doors with 4 ground level ramps, abundant fiber in place and numerous local and state incentives. Learn more at: www.majesticFWSouth.com.
Majestic Realty Co.
Headquartered in Southern California, Majestic is the nation’s largest, privately-held industrial developer with regional offices in Atlanta, Austin, Dallas – Ft. Worth, Denver, Las Vegas, Laredo, Phoenix, Portland and Bethlehem. The company’s 92-million-square-foot portfolio includes more than 400 buildings that are home to 825 tenants.
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