DALLAS-- Biel Partners LLC, a newly formed commercial real estate firm, has marked the end of 2014 with a bang. The firm announced it has completed the largest single transaction in West Dallas of the year: 1000 Singleton Boulevard.

"Everyone in this deal, especially the guys at Austin Industries [the seller], rolled up their sleeves and worked through a number of obstacles to get this deal across the goal line,” John Bielamowicz, president of Biel Partners, told GlobeSt.com. “I think it says a lot about West Dallas when you have land that is trading hands for the first time in nearly a century."

Austin International had owned the 25-acre property for decades and signed Bielamowicz as its exclusive representation last year. The industrial parcel was sold to Stonelake Capital Partners, who was represented by Ben Beaird of HFF. Stonelake plans to redevelop the property into a mixed-use project including multifamily, single-family homes and commercial. Zoning was approved for 1000 Singleton as a planned development project earlier this month.