{"id":14871,"date":"2025-10-22T00:56:13","date_gmt":"2025-10-22T00:56:13","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-tx\/14871\/"},"modified":"2025-10-22T00:56:13","modified_gmt":"2025-10-22T00:56:13","slug":"matthews-acquires-former-sears-distribution-center-near-downtown-dallas-dallas-innovates","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-tx\/14871\/","title":{"rendered":"Matthews Acquires Former Sears Distribution Center Near Downtown Dallas \u00bb Dallas Innovates"},"content":{"rendered":"

\"White<\/p>\n

White outlines mark the 38-acre site of the former Sears Roebuck distribution center at 1600 Roe St. in Dallas, recently acquired by Matthews for redevelopment.[Image: Matthews]<\/p>\n

Decades after redeveloping Dallas\u2019 historic Sears Catalog Center into South Side on Lamar, Jack Matthews is turning his attention to another old Sears property. His global real estate development company, Matthews, has acquired the former Sears Roebuck distribution center near downtown Dallas in what is being called one of the city\u2019s most significant redevelopment opportunities.<\/p>\n

The center, at 1600 Roe St., is a 1,982,900-square-foot industrial complex that sits on 38.55 acres just south of downtown.<\/p>\n

\u201cThis acquisition reflects Matthews\u2019 nearly 30-year commitment to the Cedars area,\u201d said David Davidson Jr., partner at Davidson Bogel Real Estate (DB2RE), who, along with colleague Jake Milner, brokered the transaction. \u201cJack Matthews was one of the early pioneers who recognized this neighborhood\u2019s potential, and this property represents the next chapter in that vision.\u201d<\/p>\n

The property once was a hub for Sears\u2019 national retail operations and later became the Cedars Commerce Center. Most recently, it was occupied by LBA Logistics.<\/p>\n

From Sears merchandise to celebrated mixed-use<\/p>\n

In 1997, Matthews<\/a> and his firm\u2014known at the time as Matthews Southwest (it rebranded<\/a> to Matthews last year to mark its 30th anniversary)\u2014purchased the historic Sears Roebuck Catalog Merchandise Center, built in 1913 as the first Sears warehouse outside Chicago. Sears closed the regional office in 1993 and vacated the buildings.<\/p>\n

He turned the site into a mixed-use residential and retail complex that opened in 2000, now known as South Side on Lamar, converting the historic Sears catalog warehouse into one of Dallas\u2019 most celebrated destinations.<\/p>\n

That development became an inflection point for redevelopment<\/a> in the Dallas Cedars neighborhood. South Side on Lamar won a Historic Rehabilitation Award from Preservation Texas in 2002.\u00a0<\/p>\n

Matthews, the founder and president of the Dallas-based real estate firm, said the company\u2019s earlier investments helped transform the Cedars into a thriving destination, pointing to a series of major projects that followed South Side on Lamar. Those include:
\u2022 Entertainment venues: Gilley\u2019s Dallas (92,000 square feet), which includes the 28,000-square-foot South Side Ballroom, and Alamo Drafthouse Cinema (30,000 square feet, seven screens).
\u2022 Residential developments: More than 900 units across multiple projects, including South Side on Lamar (457 units), South Side Flats (290), Belleview (164), Southside Place (41 single-family homes by David Weekley), and The Beat Lofts (75).
\u2022 CANVAS Hotel: 76 keys.
\u2022 Dallas Police Department Headquarters: 360,000 square feet.
\u2022 Dallas College Administrative Office: 80,000 square feet.<\/p>\n

Aiming to double commercial activity<\/p>\n

\u201cWhat makes this acquisition unique is Matthews\u2019 approach,\u201d Milner said. \u201cThey\u2019re not coming in with a predetermined master plan. They want to hear from the community and the market first\u2014institutional investors, major tenants, retailers, hospitality operators, civic leaders, and neighbors.\u201d<\/p>\n

Founder Matthews emphasized that collaborative approach.<\/p>\n

\u201cThrough almost 30 years of investment, we\u2019ve created a destination that draws nearly 1.8 million visitors annually to the Cedars,\u201d he said. \u201cWe believe that with the right plan, this can be a flagship property that will more than double commercial activity in the area\u2014a fully mixed-use property that all of Dallas can enjoy.\u201d<\/p>\n

His company, Matthews, now operates across three regions\u2014North America, Europe, and the Middle East\u2014with five specialized divisions: Matthews Hospitality, Matthews West, Matthews Energy, Matthews Switzerland, and Inspire Dallas.<\/p>\n

Davidson Bogel Real Estate (DB2RE) is a Dallas-based commercial real estate firm specializing in land, investment sales, and development services. The company provides advisory, brokerage, and strategic guidance to developers, investors, and landowners across Texas and the southern United States.<\/p>\n

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