News
Plano, Texas (April 8, 2026) – Foundry Commercial is excited to announce that its Dallas office has been recognized with the 2026 CoStar Impact Award for Sale/Acquisition of the Year in Dallas-Fort Worth, honoring the firm’s role in the sale of the former Dallas Morning News printing facility in Plano.
The transaction involved the approximately 620,000-square-foot facility at 3900 W. Plano Parkway, a property that served as the newspaper’s primary printing hub for more than four decades. The sale positions the asset for adaptive reuse as Denago EV’s Southern U.S. manufacturing hub, supporting job creation while preserving a site deeply tied to the region’s history.
In addition to facilitating the transition of a legacy asset into a modern manufacturing use, the transaction generated proceeds that helped fund pensions for more than 1,300 employees and contributed to broader strategic initiatives for the seller.
“Deals like this show the outsized impact a real estate sale can have – not just on assets, but on people, companies and communities,” said Marty Neilon, Partner at Foundry Commercial. “This was about more than a transaction; it was about honoring a Dallas legacy while charting a path forward.”
CoStar’s Impact Awards recognize commercial real estate transactions and projects that significantly influence their markets, with winners selected by independent panels of local industry professionals. Foundry Commercial represented the seller alongside Josh Barnes, Blake Troiani, and Mitch Cantwell of Holt Lunsford in the transaction. The purchaser was represented by Preston Capital Realty and Paladin Partners.
For more information on land sales, acquisitions, and land advisory services in the Dallas-Fort Worth area, contact Neilon at [email protected] or at 214-454-0128.