WILMER, TEXAS — Interpoint Distribution Center, a 350,000-square-foot industrial property under construction in the Dallas suburb of Wilmer, is now available for lease. Situated on 24.3 acres near the crossing of Interstate 45 and Fulghum Road roughly 15 miles from downtown Dallas, the center will feature a 420-foot cross-dock configuration, 60-foot staging bays and 170 parking spaces. Colliers International will handle leasing of the building, construction of which is scheduled for..
DALLAS — Crow Holdings has released plans for a six-story, 90,000-square-foot building that will be the final structure in the Old Parkland project, a multi-building redevelopment in Dallas. Launched in 2006, the ambitious project includes revamping the historic buildings and grounds of the former Parkland Hospital, a 103-year-old structure that Crow has renovated to serve as its corporate headquarters. The property now features 334,000 square feet of master-planned, Class A office space..
DALLAS — Civitas Capital Group has signed a lease to occupy 24,724 square feet of office space at One Arts Plaza in downtown Dallas. The mixed-use property, which is located at 1722 Routh St., features more than 500,000 square feet of office space. Under the terms of the lease, which begins this summer, the new space will serve as Civitas’ corporate headquarters. Phil Puckett and Harlan Davis of CBRE represented Civitas in the transaction, and James Esquivel, Blake Shipley and Ahnie Gampper..
MCALLEN, TEXAS — Home2 Suites by Hilton has opened a 99-suite location in the McAllen, a city in south Texas near the Mexico border. Amenities include a combined laundry and fitness area, outdoor pool and meeting/event space that can accommodate up to 100 guests. Perspective Hospitality Management Services will manage the property, which is located at 525 S. Ware Road, approximately three miles from McAllen-Miller International Airport.
ARLINGTON, TEXAS — Transwestern has brokered the sale of a 22,666-square-foot office property located at 300 W. Arbrook Blvd. in Arlington. Jim Sager of Transwestern represented the seller, 300 Arbrook LP, in the transaction. The representative of the buyer, Arbrook Investment Properties LLC, was not specified.
IRVING, TEXAS — WaterWalk Hotel Apartments has broken ground on WaterWalk Las Colinas, located adjacent to DFW Airport at George Bush Turnpike and West Royal Lane in Irving. WaterWalk Las Colinas will feature 153 units across two buildings and is expected to open by Memorial Day of 2018. The franchised property is owned by a group of investors based in Wichita, Kan., and led by Allan Dunne, owner and manager of Dunne Investments and Dunne Property Co. The Law Company is the general contractor..
FORT WORTH, TEXAS — A joint venture between GHP Office Realty and RD Management has sold a 136,000-square-foot shopping center anchored by Albertsons, located in Fort Worth, for $15 million. The property was 98 percent occupied at the time of sale by tenants including Cook Children’s Health Foundation, Dollar General, Ace Hardware and Subway. The buyer was undisclosed.
HOUSTON, TEXAS — NAI Partners has brokered the lease renewal of a 43,298-square-foot industrial warehouse located at 4310 Campbell Road in Houston. John Ferruzzo and Chris Kugle of NAI Partners represented the tenant, Mascorp Ltd., and Steve Hazel of Insite Realty represented the landlord, Cabot, in the leasing transaction.
ROSENBERG, TEXAS — IHOP is set to open a 4,588-square-foot restaurant at Brazos Town Center, a 1.8 million-square-foot shopping center located roughly 35 miles west of Houston in Rosenberg. Bob Conwell of NewQuest Properties represented the undisclosed landlord, and Jon Kantalis of SDI Realty represented the tenant in the leasing transaction. An opening date for the IHOP has yet to be announced.
SAN ANTONIO — GBT Realty Corp. recently acquired a one-acre site in San Antonio for the development of South Park Commons, a 12,600-square-foot retail center. GBT purchased the property from Target for $925,000 on Feb. 21. The site is adjacent to Target’s SW Military Drive storefront in San Antonio. Construction of the center is underway with tenants expected to open in November. South Park Commons is currently 70 percent pre-leased to national names including AT&T, Aspen Dental,..