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Dallas, Texas — April 11, 2016 — Stream Realty Partners, a national real estate development, services, and investment firm, has been named to market Progress Park, a 3,300-acre, master-planned business park located 40 miles north of Dallas in Sherman, Texas.
Bob Hagewood and Cannon Green with Stream Realty Partners will partner with the Sherman Economic Development Corp. (SEDCO) to market the park.
Bob Hagewood, senior vice president, Stream Realty Partners, said, "Sherman offers a pro-business attitude with a strong labor force and convenient access to the Dallas-Fort Worth Metroplex and Southern Oklahoma. We will build on the momentum of the established corporate roster in the park by offering low-cost development ready sites, BNSF rail service, abundant utility capacity, and aggressive economic incentives.”
Progress Park offers a great location for manufacturing, R&D, food production, and distribution users and is home to operations of global leaders Tyson Foods, Sunny Delight, Texas Instruments, and Emerson, among 20 other existing industries.
“Sherman is a distinctive city in North Texas focused on the growth and development of its core businesses and the attraction of new dynamic companies,” said John Plotnik, president, Sherman Economic Development Corp. “Our city offers a business friendly community with a proud history, marked by the strong work ethic of its residents. Progress Park provides an array of sites in various sizes that are development-ready with all the utilities in place, rail service available, and aggressive economic incentive assistance.”
Progress Park is conveniently located to the DFW metroplex: 25 miles to McKinney, 44 miles to Legacy Business Park, and 60 miles to Downtown Dallas. Available development sites range from 5 acres to 353 acres with 130 acres available for a mixed-use development. Other property assets of the park include abundant water supply, pro-active economic development, utility infrastructure in place, rail serviced sites, and low city taxes and tailored financial incentives.
Stream Realty Partners, L.P. (Stream) is a national commercial real estate firm with locations across the country. Its full-service offerings cover the broad spectrum of leasing, management, development, construction, and investment sales services across the commercial and multifamily industry. For more information, visit www.streamrealty.com.