Property Type

American College of Osteopathic Surgeons Leases 7,867 SF at Office Building in Metro D.C.

by Camren Skelton September 5, 2017

ALEXANDRIA, VA. — The American College of Osteopathic Surgeons (ACOS) has leased 7,867 square feet at 1680 Duke Street, a five-story boutique office building in Alexandria, roughly eight miles south of Washington, D.C. Donahoe Real Estate Services represented the landlord, KP Duke Street LLC, in the lease transaction, and CRESA DC represented ACOS. The 48,000-square-foot building has undergone renovations including a new entrance and lobby and modernized elevators. ACOS will occupy the fifth floor of the building. With the lease, 1680 Duke Street is 90 percent leased to tenants including the National School Boards Association and CVS/pharmacy.

September 5, 2017

Multifamily Texas

Oden Hughes to Build 57-Acre Development in San Antonio

by Taylor Williams September 5, 2017

SAN ANTONIO — Austin-based development and construction firm Oden Hughes will build a 57-acre development at the intersection of Loop 1604 and Bulverde Road in San Antonio. The development, which has yet to be branded, will eventually feature 1,000 apartment units across 41 acres that will be delivered in three phases. The property also includes nearly 16 acres of commercial acreage that Oden Hughes pans to sell. The company will break ground on Phase I, which will deliver 338 Class A units, later this week. Scheduled to open in late 2018, this phase will also feature a two-level pool, fitness center, running trail and a dog park.

September 5, 2017

Retail Texas

WinCo Foods Breaks Ground on 82,077 SF Store in Carrollton

by Taylor Williams September 5, 2017

CARROLLTON, TEXAS — Idaho-based grocer WinCo Foods has begun building an 82,077-square-foot store within Trinity Valley Shopping Center, a 300,000-square-foot shopping center located at the corner of State Highway 190 and Josey Lane in Carrollton. The grocery store will anchor the center and is expected to open during the first quarter of 2018. Weitzman, which handles leasing and management at Trinity Valley, is overseeing construction of the property.

September 5, 2017

Multifamily Texas

ARA Newmark Brokers Sale of 265-Unit Apartment Community in Metro Dallas

by Taylor Williams September 5, 2017

FARMERS BRANCH, TEXAS — ARA Newmark has brokered the sale of Ventana at Valwood, a 265-unit apartment community located at 14221 Heritage Circle in the Dallas metro of Farmers Branch. The property was built in the 1960s and renovated in 2007. The buyer and seller were not disclosed.

September 5, 2017

Industrial Texas

TIG Negotiates Sale of 31,050 SF Flex/Warehouse Property in Dallas

by Taylor Williams September 5, 2017

DALLAS — TIG Real Estate Services Inc. has negotiated the sale of a 31,050-square-foot flex/warehouse property located at 11401-11431 Plano Road in Dallas. Matthew Hicket and Kristin Grammar of TIG represented the undisclosed seller in the transaction and have retained leasing duties for the property. Other terms of sale were not released.

September 5, 2017

Illinois Midwest Multifamily

Luxury Living Chicago Realty to Oversee Leasing of 102-Unit Luxury Apartment Tower in Chicago

by Kristin Harlow September 5, 2017

CHICAGO — Luxury Living Chicago Realty will oversee leasing of 8 East Huron, a 102-unit luxury apartment tower in Chicago’s River North neighborhood. CA Residential LLC, the multifamily investment and development division of Chicago-based CA Ventures, developed the 26-story property. The Habitat Co. will manage the property. Wrapped entirely in glass, the building features one- and two-bedroom units as well as luxury three-bedroom suites on the 22nd and 23rd floors. Floor plans range in size from 540 to 2,680 square feet with rents ranging from $2,195 to $15,995. A 24th floor amenity space consists of an infinity pool, sun deck, fitness center and on-site pet spa. Since the building is still under construction, Luxury Living is offering a virtual realty experience that allows interested renters to see select apartments and amenities from every angle.

September 5, 2017

Illinois Industrial Midwest

Frozen Assets Cold Storage Signs 132,000 SF Industrial Lease in Northlake, Illinois

by Kristin Harlow September 5, 2017

NORTHLAKE, ILL. — Frozen Assets Cold Storage has signed a 132,000-square-foot industrial lease at Bridge Point Northlake, located about 20 miles west of Chicago. Located at 555 Northwest Ave., the 256,752-square-foot cold storage facility features clear heights of 32 to 40 feet, 104 dock positions and 91 trailer stalls. Headquartered in Chicago, Frozen Assets Cold Storage provides cold storage, freezing, blast freezing, exporting, labeling and cross-docking services. Jason Lev and John Suerth of CBRE represented the landlord, Bridge Development, in the lease transaction. Steve Livaditis, also of CBRE, represented the tenant.

September 5, 2017

Indiana Midwest Office

Engineering Facility Solutions Completes HVAC Project for Office Property in Noblesville, Indiana

by Kristin Harlow September 5, 2017

NOBLESVILLE, IND. — Engineering Facility Solutions (EFS) has completed installation of a design/build HVAC project at the new headquarters of BlueSky Technology Partners in Noblesville, about 20 miles north of Indianapolis. BlueSky, an e-commerce consultancy, and BlueSky Digital, a digital marketing agency, will occupy the top two floors of the four-story, 42,000-square-foot building. The first level is set for use as a tenant restaurant space with outdoor seating. The second level is an open office space available for lease. EFS completed the project within a four-month design phase and a five-month installation. American Structurepoint + Interiors Group was the architect and Meyer Najem was the general contractor.

September 5, 2017

Illinois Midwest Retail

The Boulder Group Arranges $2M Sale of Retail Property in New Lenox, Illinois

by Kristin Harlow September 5, 2017

NEW LENOX, ILL. — The Boulder Group has arranged the sale of a retail property net leased to three tenants in New Lenox, about 40 miles southwest of Chicago. AT&T Wireless, Papa John’s and Volver Cantina & Grill occupy the 5,362-square-foot property, located at 701-709 E. Lincoln Highway. Constructed in 2015, the building is an outparcel to the New Lenox Town Center. Randy Blankstein and John Feeney of The Boulder Group represented the seller, a West Coast-based real estate investment group. A West Coast-based real estate investor purchased the property.

September 5, 2017

Kansas Midwest Restaurant Retail

Block & Co. Brokers Sale of Retail Property Occupied by Panda Express in Overland Park, Kansas

by Kristin Harlow September 5, 2017

OVERLAND PARK, KAN. — Block & Co. Inc. Realtors has brokered the sale of a 2,448-square-foot retail property occupied by Panda Express in Overland Park. The sales price was not disclosed. The property is located within Glenwood Plaza Shopping Center at 9090 Metcalf Ave. Other tenants at the shopping center include Walmart, TJ Maxx, Dollar Tree and Subway. Alex Block and David M. Block of Block & Co. brokered the sale on behalf of the seller, Glo-Rae Glenwood LLC. Block & Co. is the leasing and property management company for both the shopping center and the Panda Express property.

September 5, 2017

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