Hunt Realty Investments Finalizes Sale of Historic Terrell Tract for Major Distribution Hub Bolstering Community

Strategic land transfer continues Hunt family’s multi-decade vision for economic growth across North Texas

Dallas, TX – July 29, 2025 – Today, Hunt Realty Investments announced the sale of 120 acres in Terrell, Texas, a growing community east of Dallas, for the development of an international distribution center. The transaction marks a pivotal moment in Hunt’s long-term vision for the region and represents one of the most significant industrial land sales in the area’s recent history.

Advancing construction is underway and will bring transformative infrastructure improvements, attract ancillary development, and generate sustained economic momentum for Terrell and the broader Dallas-Fort Worth area.

Building on 50 years of community investment across the Dallas-Fort Worth Metroplex, the land, part of a larger 2,500-acre holding, has been thoughtfully stewarded across generations with a deliberate, future-focused outlook. Known for its long-lead strategic approach to land use and regional planning, Hunt Realty Investments sees this transaction as a catalytic moment for unlocking the broader development potential of the Terrell area.

“Our family has long believed in the power of economic growth to strengthen communities, and we’ve recognized the potential of this land in Terrell for decades,” said Chris Kleinert, CEO of Hunt Realty Investments. “This milestone transaction represents a historic chapter for both our legacy landholdings and the Terrell community. It’s a powerful step forward in advancing regional economic development, made possible through our partnership with the City of Terrell. We’re proud to support the creation of a critical logistics hub that will drive long-term opportunity and growth for the area.”

This development in the city of Terrell validates the region’s logistical and geographic advantages, with access to a large network of major highways and multiple airports. The new facility is expected to expand local job opportunities and embolden the economic health of the area.

“We look forward to bringing this project into our corporate community”, said Mayor of Terrell, Rick Carmona. “We anticipate this will be a fruitful investment for both Hunt Realty, business partners, and the City of Terrell. The construction of this new facility is projected to bring numerous employment opportunities for our residents. With our priorities of economic growth and job creation, this project will assist the City of Terrell in our goal of building a live-work-play community.”

Hunt Realty Investments retains 8,000 acres of surrounding land in Terrell and is actively engaging with other industrial developers and customers who align with their vision of thoughtful, high-impact community growth. For more information, please reach out to Todd Watson, email: twatson@huntrealty.com.

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Director, Facilities management

Philip Jabour

Paralegal

Francie Harper

Analyst

Tyler Kleinert

Vice President & General Counsel

Diane Hornquist

Diane Hornquist works with the general counsel to oversee legal activities associated with various land development and operating company initiatives. Hornquist began her legal career at the Dallas office of Jackson Walker LLP in the real estate section.

Senior Vice President

Todd Watson

Senior Vice President

Mike Wallace

Mike Wallace is responsible for all aspects of Hunt Realty Investments overseeing the firm’s direct-owned real estate portfolio, operating company investments and other real estate activities. He is responsible for sourcing and structuring all new investment activity, as well as Hunt Realty’s interaction and investment relationship with other Hunt-related entities.

Throughout his career, he has been involved in investments in single-assets, real estate portfolios, distressed loan portfolios and private and publicly-traded companies including equity, preferred equity, mezzanine and participating debt investments. His experience spans a broad array of product sectors including office, multi-family, hospitality, retail, senior living, student housing, industrial, residential and land.

Prior to joining Hunt Realty, Wallace was with The Hampstead Group, a Dallas-based real estate private equity fund which invested approximately $1 billion on behalf of institutional and private investors. While at The Hampstead Group, his responsibilities included new investment opportunities in real estate portfolios, publicly-traded companies and distressed loan portfolio acquisitions as well as management of the fund’s investments. He also previously worked for EFO Realty, a real estate opportunity fund where he sourced and structured joint-venture equity investments.

CEO | Hunt Investment Holdings, LLC

Christopher W. Kleinert

Chris Kleinert is CEO and president of Hunt Consolidated Investments, LLC, and Co-CEO of its holding company, Hunt Consolidated, Inc. He is president of Hunt Realty Investments and oversees the operations of both Hunt Investment Group and Hoodoo Land and Cattle Company, as well as the financial activities of the holding company. Other business interests of Hunt Consolidated, Inc. include oil and gas exploration and production, petroleum refining, electric power generation and transmission. Kleinert’s affiliation with Hunt Consolidated began in 1996. Kleinert received an MBA with a concentration in finance from Texas Christian University and a BBA in marketing from Southern Methodist University. Prior to joining Hunt, he was employed by Texas Commerce Bank (now JPMorgan Chase) and General Mills. Kleinert serves on the Investment Committee of the Board of Trustees of Southern Methodist University and SMU’s Tate Lecture Board of Directors. He also serves on the Neeley School of Business International Board of Visitors at Texas Christian University, the Board of Trustees of the Communities Foundation of Texas, the Board of Directors of Amegy Bank -Dallas, and the Dallas Regional Chamber’s Board of Directors. Kleinert chairs the Board of Directors of the newly created Men’s Advocacy Group for New Friends New Life. In 2009, Chris and his wife, Ashlee, founded Executives in Action (EIA), a nonprofit organization that leveraged the talent and expertise of executives in transition with local charitable organizations to enhance their productivity, efficiency and overall impact. In 2016, EIA merged 4 with New York-based Catchafire, Inc. to form Catchafire North Texas and expand the number of volunteers and nonprofits that can be matched nationally.

President

Colin Fitzgibbons