Goldwaite Industrial Makes First Acquisition

Top Quote A newly formed industrial aggregation and value add sponsor with seasoned partners closes it's first project. End Quote
  • Dallas, TX (1888PressRelease) July 22, 2025 - Goldwaite Acquires 74,905-Square-Foot Industrial Property in Dallas, TX,DALLAS, TEXAS - Goldwaite, a real estate investment firm focused on the industrial sector in Texas, has successfully acquired a 74,905-square-foot light industrial property located at 2903-2991 Ladybird Lane in Dallas. This on-market acquisition reflects Goldwaite’s strategic focus on value-add opportunities in high-growth Texas industrial markets.

    Goldwaite plans a comprehensive repositioning of the property through targeted capital improvements and active asset management. Planned renovations at the property include:
    • Construction of speculative office/warehouse suites ranging from 4,000 to 10,000 square feet
    • Parking lot repairs and enhancements
    • Fresh exterior paint and new architectural metal features
    • Complete replacement of building systems, including plumbing, electrical, and HVAC equipment.

    This acquisition aligns with Goldwaite’s strategy of acquiring well-located industrial assets with strong fundamentals and unlocking value through thoughtful improvements and hands-on asset management.

    “Goldwaite is excited to bring new life to this property through strategic renovations that will enhance functionality and appeal for a broad range of industrial users,” said Zane Smith, Partner at Goldwaite. “This investment reflects our continued commitment to creating long-term value for our partners and investors.”

    Mitch Miller, Partner at Goldwaite, had this to say about the acquisition, “The property checks all the boxes for our strategy of acquiring infill small bay industrial, a product type that is consistently outperforming the broader industrial market due to its lower vacancy rates, limited new supply, robust leasing activity, and adaptability for a wide range of tenants.”

    For leasing inquiries, please contact Keenan Cook or Jack Mercer at Mercer Company.
    For media inquiries, please contact: info ( @ ) goldwaite dot com

    About Goldwaite
    Goldwaite is Dallas based real estate investment firm focused on the industrial real estate sector in Texas. The company was founded by KC Kronbach, Steve Cramer, Zane Smith, Mitch Miller, and Michael Medanich, bringing together decades of real estate investment experience and deep industry knowledge. With over $7 billion in collective real estate transaction experience, the company’s partners are well-positioned to capitalize on industrial real estate trends and deliver exceptional returns to investors. Through strategic and thoughtful alignment with a broad range of investors, Goldwaite is committed to developing long-term value through acquisitions, development, and management of industrial properties across Texas' growing industrial markets.

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