CHICAGO — DarwinPW Realty/CORFAC International has brokered the sale of a 14,000-square-foot building and 3.3 acres of industrial outdoor storage at 4150 S. Packers Ave. in Chicago’s Stockyards neighborhood. The sales price was undisclosed. The property is situated within an Enterprise Zone and is zoned for industrial use. Ed Wabick and Terry Lynch of DarwinPW Realty/CORFAC International represented the seller, Stockyard Bricks. The buyer, Midwest Trailer Repair, intends to use the site and building to expand its business. Humberto Garcia of Realty at Home represented the buyer.
AUBURN HILLS, MICH. — Behavioral Health Practice Services LLC, doing business as LifeStance Health, has signed a 4,810-square-foot medical office lease at 2251 N. Squirrel Road in Auburn Hills. David McHabnay and James Mitchell of Dominion Real Estate Advisors LLC represented the landlord, Five Points Professional Office Building LLC. Brandon Carnegie and Jamee Jester of CBRE represented the tenant, which signed an 89-month lease.
ALLEN, TEXAS — A partnership between Dallas-based Pillar Commercial and Oklahoma City-based Hall Capital will develop One Bethany North, a 225,000-square-foot office project in the northeastern Dallas suburb of Allen. The Allen Economic Development Corp. owns, which is situated within the Watters Creek business district. The building will rise nine stories and feature a fitness center, tenant lounge and conference facilities, as well as a courtyard with pickleball courts, putting greens and other activated green spaces. The partnership purchased the sister buildings, One Bethany East and One Bethany West, which total about 320,000 square feet combined, over the past several years. Construction of One Bethany North, which has a total price tag of more than $100 million, is expected to last 18 to 24 months.
HOUSTON — MS Warehousing has preleased 212,280 square feet of industrial space in northeast Houston. The local freight management firm will be the lead tenant at First Liberty Logistics Center, a 424,560-square-foot building that is being developed on a speculative basis by Chicago-based First Industrial Realty Trust. The site spans 26.6 acres, and the building will feature 40-foot clear heights. Grant Hortenstine of CBRE and Bob Berry of Savills represented MS Warehousing in the lease negotiations. David Munson and Garrett Thomas of Cushman & Wakefield represented the landlord. OneFourTwo Design Group is the project architect, and ARCO Design/Build is the general contractor. Completion is slated for fall 2025.
AUSTIN, TEXAS — Locally based brokerage firm Muskin | Elam Group has arranged the sale of Summer Grove, a 124-unit apartment complex in northwest Austin. The garden-style property was built in 1984 and offers one- and two-bedroom units and amenities such as a pool, fitness center and a pet park. Daniel Elam of Muskin | Elam Group represented the undisclosed, Chicago-based seller in the transaction. Austin-based investment firm Monterra Capital Partners purchased Summer Grove for an undisclosed price with plans to implement a value-add program.
SAN ANTONIO — A partnership between Maryland-based Choice Hotels International and Denver-based HighSide Cos. has broken ground on a 115-room EverHome Suites hotel in San Antonio. The site is located at 619 Hunt Lane on the city’s west side, and the hotel will feature apartment-style rooms that will include fully equipped kitchens and spa-style bathrooms. Construction is slated for a late 2025 completion. The partnership also plans to open five other EverHome Suites hotels in Texas in 2025.
PASADENA, TEXAS — Harbor Freight Tools has signed a 20,810-square-foot retail lease in Pasadena, an eastern suburb of Houston. The California-based hardware and home improvement retailer is backfilling a space formerly occupied by Goodwill. Jeff Scarborough of Scarborough Commercial Real Estate represented Harbor Freight in the lease negotiations. Bob Conwell represented the landlord, locally based developer NewQuest Properties, on an internal basis. The store is expected to open before the end of the year.
DAVENPORT, FLA. — Alliance Residential Co. has acquired 15.3 acres of land at 3403 Sandoval Loop in Davenport, with plans to develop a multifamily community at the site. Dubbed Prose Holly Grove, the property will comprise 360 apartments located across from Advent Health’s Heart of Florida Hospital. Residences at the community will feature one- and two-bedroom layouts, and amenities will include a pool, cabana entertainment area, dog park, clubroom, fitness center, business center and package locker system. The opening is scheduled for 2025. Alliance Residential’s Florida portfolio includes Prose Stevens Pointe, Prose Avalon Pointe, Prose Cypress Pointe and Prose Horizons Village. The company plans to open two additional Prose-branded communities and a Broadstone community later this summer.
HALLANDALE BEACH, FLA. — New office and retail tenants have signed leases totaling 43,000 square feet at the third phase of Atlantic Village, a 308,253-square-foot mixed-use development located in Hallandale Beach, roughly 13 miles south of Fort Lauderdale. Retailers Mitch’s Bagels (1,985 square feet), Holy Shakes (1,067 square feet), Club Pilates (2,562 square feet), Zen Zone (2,086 square feet), The Spot Barbershop (1,215 square feet), La Maison H (2,260 square feet), Genia’s Keratin Spa (1,370 square feet) and 54D (8,146 square feet) have opened at the development, which is situated at 601 to 801 N. Federal Highway. Casa Crudos (1,629 square feet), The Wagyu House (2,681 square feet), Murano by Ferraro’s Kitchen (2,600 square feet) and Drunken Dragon (7,746 square feet) have also signed leases at Atlantic Village. Office tenants now open at Phase III of the development, which is currently 83 percent leased, include The Worx (10,911 square feet), Skin and Cancer Dermatology (3,731 square feet), Glowing Smiles Pediatric Dentistry (2,450 square feet) and Ciocca Dermatology of Hallandale (5,608 square feet). Phase I of Atlantic Village, which is fully leased, features 34,710 square feet of retail space. Phase II comprises 27,486 square feet and 10,380 square feet of retail …
DAVIE, FLA. — JLL Capital Markets has arranged the $22.3 million sale of Ridge Plaza, a shopping center in the South Florida city of Davie. JBL Asset Management acquired the property from Baltimore-based Continental Realty Corp. Danny Finkle, Eric Williams, Jorge Portela and Kim Flores of JLL represented the seller in the transaction. Located at 9000-9200 W. State Road 84, the property totals 138,554 square feet. Tenants at Ridge Plaza, which was 98.6 percent occupied at the time of sale, include Paragon Theaters, Goodwill and Off The Wall.