CBRE Arranges Sale Of 1.2 Acres at Woodland Crossing to McDonald’s for Second Location in Forney
14 Apr 2020
Forney, TX — April 14, 2020 — CBRE announces the sale of a 1.2 acre tract of land at Woodland Crossing in Forney, Texas. The land was purchased by McDonald’s for their second Forney location.
Woodland Crossing is a 22-acre development by Glen Gilani. Located at the southeast quadrant of FM 548 and US-80, McDonald’s will join an existing RaceTrac and Firestone Complete Auto Care. The land sits at the major retail intersection in Forney and is across the street from Walmart, Lowe’s and a new 120,000-square-foot Kroger Marketplace.
Located approximately 22 miles east of Dallas, Forney is a burgeoning trade area. Within a 12-minute drive of Woodland Crossing, the area boasts a population of nearly 90,000 with an average household income above $90,000. Forney ISD is one of the fastest growing school districts in Texas, making the area a prime location for new retail locations.
“Forney is growing rapidly, and we were very happy to have McDonald’s as a great addition to the project,” said Thurston Witt, First Vice President with CBRE. “Woodland Crossing is in the middle of the city and they’ve done fantastic work to make the location easily accessible to passing traffic. I know they’ll have tremendous success at their newest location.”
Mr. Witt marketed the Woodland Crossing project and represented Mr. Gilani in the transaction. Lem Miller and Andy Hechavarria with Sandia Commercial Real Estate represented McDonald’s.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2021 revenue). The company has more than 105,000 employees (excluding Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves a diverse range of clients with an integrated suite of services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.