| Dallas, TX — Bates and Myers, who has been a long-standing name in Dallas industrial commercial real estate, will continue its legacy as it officially rebrands as Bates Real Estate. This brokerage has a rich history of over four decades in the Dallas market and plans to continue forward with the same values and approach that has made it so successful. Caleb Bates, son of founder Floyd Bates, acquired the brokerage firm in late 2024, and plans to continue to serve the Dallas market while maintaining the same hands-on approach that has been used since 1991. Located in the heart of the Dallas Design District, Bates Real Estate has a missional value to maintain the legacy of its founders while propelling the company forward. Spanning a time period of four decades, Bates Real Estate transactional volume totals in excess of two billion dollars and more than seven hundred transactions. “Although the name has a slightly different ring to it these days, I did not get here alone,” said Caleb Bates, Owner of Bates Real Estate. “Bates Real Estate stands on the shoulders of two giants of our industry—Floyd Bates and Richard Myers—whose leadership and example continue to shape and guide our endeavors.” While Caleb Bates has stepped into this new role of ownership, his commitment to the company has been evident throughout his 10 years as a producing broker. He emphasizes his appreciation for the firm’s values and roots and reassures the Dallas market how committed he is to ensuring best-in-class execution. Under his leadership, the firm strives to maintain high standards in training talent, upholding client relationships, and continuing its boots-on-the-ground approach to industrial brokerage across the DFW Metroplex. In reference to his transition to ownership, Caleb Bates discusses his evolution in responsibility, stating, “I’ve been learning firsthand that there is a difference between working in a business and working on a business.” With many years of combined experience, Bates Real Estate’s brokerage team is currently comprised of six agents and growing while supported by a dedicated operations team. While market conditions continue to change in Dallas, the firm consistently outperforms throughout the markets they serve as it builds strong client relationships, is backed by local expertise, and continues to maintain disciplined execution. “Despite ever-changing markets, geopolitical uncertainty, and my own continued learning, this has been a wonderful year for Bates Real Estate,” Bates added about purchasing the family business against the backdrop of market uncertainty. “Generally speaking, 2025 was the first year where prices have receded since I got in the business.” With the rebranding of Bates Real Estate, the firm has a fresh perspective for the Dallas market while maintaining its longstanding commitment to client relationships and personal service backed by decades of experience. Bates concludes, “I am convinced that pound for pound we continue to outperform and outpace our competitors.” | 
