by Bob Francis, Fort Worth Report
May 3, 2026
If you’re anxious to get in the saddle by leasing space in the booming Fort Worth Stockyards, rein in your worries.
Two prime retail spaces in some of the most desirable locations within the popular tourist and visitor area are looking to corral new tenants.
Real estate advisory firm Citadel Partners is leading the leasing efforts for the Bronco and Lariat Buildings in the Stockyards.
The 35,045-square-foot Bronco Building, at 232 NE 28th St., is the largest contiguous retail space now available in the Stockyards, according to Breck Besserer, senior advisor at Citadel Partners.
“Its expansive, single-story footprint allows for a range of uses, including experiential retail, food and beverage, entertainment or other destination-driven concepts,” he said in a news release.
Along with Besserer, Citadel Partners’ Wiley Green, associate advisor, and Cullen Donohue, market leader, will lead the leasing efforts.
Just south of the Bronco Building, at 2525 Rodeo Plaza, is the 5,300-square-foot Lariat Building. The Lariat sits directly off Main Street on Rodeo Plaza, adjacent to the world’s largest honky-tonk, Billy Bob’s Texas.
Other neighbors would be Taylor Sheridan’s Cattlemen’s Steak House and the John Wayne: An American Experience museum.
Scones and sushi in new leasing
Sunrise Scones and sushi and sake restaurant Hiro’s Kitchen are set to become neighbors to The Holly, the wine and retail bottle shop at 305 W. Daggett Ave. in the city’s Near Southside.
Hiro’s will occupy 1,299 square feet, while the scones will bake in a 656-square-foot space at 309 W. Daggett Ave.
The property was represented by Finn Wilson, Riley Dean and Sarah LanCarte of LanCarte Commercial.
The landlord is also the owner of The Holly, reinforcing a hands-on approach to ownership and leasing strategy, according to the LanCarte news release.
LanCarte has also announced the sale of a two-building industrial portfolio totalling 47,000 square feet at 4608 Fairlane Ave. and 4700 S. Edgewood Terrace in Fort Worth. The transaction was led by Finn Wilson and Sarah LanCarte. LanCarte Commercial represented the seller and buyer, Faropoint. Both buildings are equipped with crane systems and heavy power.
Following the acquisition, LanCarte Commercial has been retained by Faropoint to lease these properties. Plans to complete full make-ready renovations for the office and warehouse spaces are underway.
Critical minerals deal
Fort Worth-based Ulterra Drilling Technologies, which designs, manufactures, sells and rents polycrystalline diamond compact drill bits, and Austin-based Amermin, a company that acquires and refines critical minerals, have announced an expansion of their existing partnership to strategically recycle critical minerals.
Together, the companies will recycle more than 21 types of critical minerals including tungsten, cobalt, copper, nickel, zinc, silver, carbon, iron, manganese, blast media, and synthetic and industrial diamond.
In 2025, Amermin recycled more than 1.4 million pounds of material from Ulterra, returning more than $1.7 million to Ulterra.
Ulterra, by the way, has an interactive storybook for kids on their website featuring an anthropomorphic drillbit named Benny the Bit. Check out Benny here.
Fort Worth seeking economic development plan proposals
The city is seeking qualified consultants to submit their proposals for Fort Worth’s next Economic Development Strategic Plan.
Fort Worth has grown significantly since the previous Economic Development Strategic Plan in 2022, and this new opportunity allows experts to collaborate with city leadership to “holistically assess current market conditions and determine a path forward,” according to a city news release.
All requests for proposals are due by 5 p.m. May 7. To submit a proposal, go here.
Mergers in the air
Fort Worth-based Paslay Management Group, an aviation management and consulting firm, has added Trifiletti Consulting, a Los Angeles-based strategic advisory firm focused on capital programs, project management, land use, environmental clearance and real estate transactions.
Founded in Los Angeles in 2016, the Trifiletti has spent nearly a decade advancing some of Southern California’s highest-profile capital programs and focusing on strategic land use, environmental services, project entitlement, real estate, transportation and project management.
The merger strengthens and expands Paslay Group’s portfolio beyond aviation, including transit, education and municipal and county government sector clients.
Last month, Paslay Group and Unison Consulting, an airport financial and concessions strategy-focused firm with offices in Chicago and Los Angeles, announced a similar merger. The three combined firms now employ more than 150 team members.
Alpha Ranch expansion
Centurion American Development Group has acquired 68 acres in Fort Worth’s extraterritorial jurisdiction that it intends to incorporate into their adjacent master-planned community, Alpha Ranch. Davidson Bogel Real Estate represented Centurion in the purchase of the property.
The property is located at 13376 John Day Road and is directly east of Alpha Ranch’s first phase of homes.
Alpha Ranch is a 1,991-acre mixed-use, master-planned community in north Fort Worth developed by Centurion American Development Group. At full build out, Alpha Ranch is expected to include 4,434 single-family residences, 800 multifamily units, 33 acres of commercial development and community amenities. Those plans may expand with the new acquisition.
In March, the Fort Worth City Council approved plans for more than $20 million for wastewater infrastructure improvements in the fast-growing sector of the city.
The projects include expanding sewer mains in the Alliance area and building new water infrastructure along the Bonds Ranch corridor.
Business plan competition
Applications for the 2026 Fort Worth Business Plan Competition will open at noon May 4. The 2026 competition will offer cash prizes to its top three finalists.
First prize winner: $10,000
Second prize winner: $6,000
Third prize winner: $4,000
For more information, go here.
Do you have something for the Bob on Business column? Email Bob Francis, business editor for the Fort Worth Report, at bob.francis@fortworthreport.org.
At the Report, news decisions are made independently of our board members and financial supporters. Read more about our editorial independence policy here.
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