Bob on Business: Grapevine bakery expands through Walmart partnership 

You won’t have to travel to Grapevine to gather up baked goods from BreadHaus, the European-style artisan bakery that has been located in Grapevine since 1996. The bakery, now owned by husband-and-wife duo Bryan and Fara Motta, is partnering with Walmart as part of the retailer’s Local Finds program. 

BreadHaus customers in the Dallas-Fort Worth area can now order their preservative-free baked goods directly through walmart.com or via the Walmart app.

Customers can place an order and have it delivered within a 15-mile radius of BreadHaus through Walmart’s delivery network. Alternatively, the order can be picked up directly at the BreadHaus bakery in Grapevine. While the delivery service is limited to a 15-mile radius, those outside of that area can still place orders and opt for pickup.

“Partnering with Walmart through their Local Finds program is an exciting step for BreadHaus,” said Bryan Motta. “It allows us to reach more families who care about what they eat — people looking for clean, wholesome, locally made baked goods. This collaboration helps us stay true to our roots while growing in ways we’ve dreamed of.”

Among the products now available are chocolate chip cookies, lemon mini cakes, apple mini cakes, as well as sourdough, Bavarian rye and Oma’s multigrain breads, all sliced or unsliced.

Founded in 1996, BreadHaus has built a loyal following by offering organic baked goods made with traditional European techniques and free of preservatives. 

Real estate roundup

New Haven Companies Inc. is settling into a 24,837-square-foot-location in north Fort Worth, making an exit from the Dallas Fort Worth International Airport for newer and more cost-efficient space.

The Connecticut-based company has scooped up a spot in Parc North Building 3 at 2751 Northern Cross Blvd. Luke Clardy, senior broker in the Fort Worth office of Dallas-based Bradford Commercial Real Estate Services, represented the tenant, a CORFAC referral from Henry Landwermeyer and David Boyd of Boyd Commercial in Houston.

“New Haven has relocated from the airport submarket’s highly competitive rate environment to Fort Worth, which previously had not been considered,” Clardy said. “The company found newer space, a lower rate and a landlord who can accommodate future expansions.” 

EastGroup Properties’ Parc North, completed in 2023, is a 642,000-square-foot, six-building industrial park situated close to Interstate 35W and Loop 820, gateways for north, east, south and west transport. At the time New Haven was searching, the landlord was reconfiguring half of the 150,000-square-foot Building 3 to accommodate four tenants instead of three.

The 114-year-old New Haven specializes in sales and distribution of high-quality moving components and equipment. It operates 19 regional hubs in the U.S., three of which are located in Texas.

Hurst transaction 

Russ Webb, managing partner with Silver Oak Commercial Realty, represented the buyer in the acquisition of Mill Haven Plaza, a 9,752-square-foot medical office property located at 104-106 Grapevine Highway in Hurst. This transaction marks a strategic addition to the buyer’s investment portfolio and reflects continued investor confidence in the Hurst submarket.

Other brokers involved in the transaction included Logan May and Paul Stevenson with NAI Robert Lynn. NAI Robert Lynn will stay on as property management.

Teso Life has leased 14,000 square feet of retail space in H Mart Haltom Plaza shopping center, located at 820 N. Beach St., Northeast Loop 820, from Haltom City Forest Properties LLC. John Nguyen and Thad Mai of NewQuest represented the tenant. Jay Cho of Texas Legacy Realty represented the landlord.

TXO purchases assets, now dual-listed on stock exchange 

TXO Partners LP has announced an agreement with White Rock Energy, a portfolio company of Quantum Capital Group, to purchase producing assets in the Elm Coulee field in the Williston Basin of Montana and North Dakota. The total cash consideration by TXO will be approximately $350 million. 

Of this purchase price, $70 million will be deferred and payable one year after the initial closing. The agreement was signed in partnership with North Hudson Resource Partners, whose affiliates will acquire a 30% non-operated interest in the White Rock assets. Together with the interests to be acquired by North Hudson, the total consideration for the acquisition of White Rock’s Elm Coulee properties is $475 million based on a May 1, 2025, effective date.

With this acquisition, TXO will become a leading oil producer in the Elm Coulee field, said Gary D. Simpson, co-chief executive officer. 

“The Elm Coulee field’s rich resource base of an estimated 4 billion barrels of oil in place presents a significant target,” he said in a statement. “The producing wells reflect top-notch margins across the oil industry. The horizontal drilling and completion techniques continue to enhance overall reservoir recovery. With more than 190,000 combined productive acres, we will be focused and diligent in delivering long-term production with a low-decline profile.”

This transaction is expected to close in the third quarter of 2025. 

TXO’s counsel in connection with the acquisition and partnership with North Hudson is Kelly Hart & Hallman LLP and Latham & Watkins LLP, respectively. 

TXO has also announced that it will have a dual listing of its stock, both on the New York Stock Exchange under TXO and, utilizing the same ticker symbol, on the NYSE Texas Inc., the newly launched equities exchange headquartered in Dallas. 

“The founders of TXO have a relationship with the NYSE dating back to 1980, with six listed companies over the last forty-five years,” said  Simpson. “This new venture is a bold initiative for the exchange and TXO Partners in our home state.”

New credit union branch 

EECU, the second-largest credit union in North Texas, has opened its newest financial center. Located in Hudson Oaks, this location becomes EECU’s 21st financial center and joins the Weatherford financial center as the second location in Parker County.

“Over the past six months, EECU has proudly opened three new financial centers,” said President and CEO Lonnie Nicholson. “This growth underscores our ongoing dedication to improving the member experience through innovation and greater convenience. We’re excited to further strengthen our support for the people and businesses that make our community thrive.”

The Hudson Oaks center is located at 2940 Fort Worth Highway. EECU Credit Union has more than $4.1 billion in assets and over 292,000 members.  

Small business-focused warehouse space opens in area  

WareSpace, a provider of small warehouse space aimed at small-business needs, has expanded its North Richland Hills location.

WareSpace at 7601 Blvd. 26 will hold an open house at the location on June 10. 

North Richland Hills is just one piece of WareSpace’s broader Texas expansion strategy. The company nearly doubled the size of its Houston footprint in late 2024 — and reached full occupancy just months later, underscoring the region’s strong demand.

In the Dallas area, WareSpace acquired a new building in Addison last year, with construction set to begin soon.

Meanwhile, an expansion at WareSpace’s University South location in Fort Worth is on track to open this July.

WareSpace is actively exploring new acquisitions in all major Texas markets to meet the rising demand across the state.

“Texas is one of the most entrepreneurial regions in the country, and we’re building the infrastructure to match that energy,” said Levi Cohen, CEO of WareSpace. “Our model gives small-business owners room to grow without the red tape, long-term commitments, or surprise fees that come with traditional industrial leases.”

Every WareSpace unit comes with 24/7 access, climate control, shared loading docks, Wi-Fi, racking and access to common areas like kitchens, lounges and conference rooms. 

WareSpace is a national real estate firm, specializing in the development of co-warehousing and small-bay industrial spaces between 200-2,000 square feet. 

Hotel anchored by historic fire station opens 

It’s old and it’s new. The Nobleman Fort Worth, Tapestry Collection by Hilton and the hotel’s chef-driven restaurant, Duchess, have opened in the Near Southside. 

The hotel and restaurant are anchored by the historic facade of the original No. 5 Fire Station — a landmark building from 1911 that was designed by Fort Worth-based architects Sanguinet & Staats. Located at 503 Bryan Ave. and developed by Jeff Blackman of Bedford Lodging, the property has 121 guest rooms and 32 extended-stay suites with kitchenettes. 

“The Nobleman Hotel and our Duchess restaurant will be stylish and approachable additions to the Near Southside neighborhood,” said Blackman in a news release. “We want to be a destination for the weekend traveler, for those visiting our renowned medical district, for business purposes, and to serve as a new, consistent dining spot for our local residents — we want to be the go-to neighborhood place.”

Hotel amenities include a pool, fitness center and 2,000 square feet of meeting and outdoor event spaces, along with terraces. The Duchess restaurant is situated in the historic building at street level. 

Owner Blackman enlisted consultant chef Casey Thompson — known for her career at The Mansion Restaurant in Dallas that eventually led to multiple appearances on “Top Chef” — to lead Duchess’ breakfast and dinner menus and to source an executive chef who will be named at a later date. Duchess will feature New American cuisine with a Texas influence and driven by seasonal ingredients. 

In partnership with Lucchese Bootmaker, the Duchess bar will feature a tequila-based specialty cocktail, Lucchese Craftsman. The iconic bootmaker is also elevating the bar dining experience with their signature branded leather coasters and a Lucchese boot display.

The Nobleman’s communal areas, rooms, bar and restaurant are designed by Kathy Moran-Clarson, owner of KMC&A Design. The hotel’s arrival experience in the 1911 building is enhanced with the revitalized staircase — including the actual fireman’s pole — and a lobby with restored white tiled walls and brass accents. 

The Nobleman Hotel and the Duchess identities were created and brought to life by Ashlar Projects’ co-owners Brooke Hollis Hortenstine and Missy Wyszynski — the hotel and restaurant logos, messaging, menus, social media, visuals and more. Kansas-based Crossland Construction provided construction services, and the national hospitality management company, Crestline Hotels & Resorts, will manage the property.

Do you have something for the Bob on Business column? Email Bob Francis at [email protected]. 

Bob Francis is business editor for the Fort Worth Report. Contact him at [email protected]. At the Fort Worth Report, news decisions are made independently of our board members and financial supporters. Kelly Hart & Hallman is a financial supporter of the Fort Worth Report.  Read more about our editorial independence policy here.

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