July 31, 2025
Molto Properties Announces the Sale of Westport Parkway Commerce Center to an Affiliate of Communications Test Design, Inc.
Molto Properties, a privately held real estate investment and development firm, is pleased to announce the successful sale of Westport Parkway Commerce Center located at 405 Westport Parkway, in Haslet, TX. The 400,565-square-foot speculative industrial property was acquired by an affiliate of Communications Test Design, Inc. (CTDI), a full-service global engineering, repair, and logistics company serving the communication industry.
Molto developed the 32.43-acre site and the project was delivered in 2023. Building features include 36-foot clear heights, 62 dock-high doors, 2 drive-in doors, 403 vehicle parking spaces, 55 trailer spots, and a 2,168-square-foot office.
Strategically located in the heart of the DFW market, Westport Parkway offers direct access to major transportation routes including I-35 West and State Highway 170, making it an ideal hub for regional distribution and logistics operations.
The sale was facilitated by J. Scott Moore and Brian Gilchrist, Executive Vice Presidents at CBRE, who represented Molto. The buyer was represented by Ken Wesson, Managing Principal at Lee & Associates and Daisy Lane, Principal Broker at Lane Collective.
“This sale reflects the continued strength of the DFW industrial market and the appeal of well-located, high-quality assets in key logistics corridors,” said Michael Powers, Senior Principal at Molto. “We are proud to provide a facility that supports the ongoing growth of the buyer and contributes to the economic vitality of Texas.”
About Molto Properties
Molto is a privately held real estate company that is built upon a foundation of respected industry leaders with expertise as both operators and developers of industrial properties. Since its founding in 2008, Molto has acquired or developed nearly 20 million square feet of industrial real estate valued in excess of $1.2 billion with a geographical focus on the Midwest, Texas, and California. The company is committed to building long-term relationships with its investors, venture partners, tenants and brokers.