IRVING, TEXAS — Canadian paper manufacturer Domtar has renewed its 69,577-square-foot industrial lease at 9001-9015 Sterling St. in Irving. According to LoopNet Inc., the Class B property was built in 1985 and totals 200,666 square feet. Canon Shoults of Holt Lunsford Commercial represented the landlord, Brookfield, in the lease negotiations.
DALLAS — Dallas-based Common Desk will open Common Desk — Factory Six03, an 18,085-square-foot coworking office space in the West End area of Dallas. The opening is set for early next year. The space will be the company’s second location with Plano-based investment and development firm Granite Properties and its sixth location in North Texas. Tenants at the new space will have access to a rooftop lounge and a food hall.
FRISCO, TEXAS — The Jenkins Organization, a Houston-based self-storage owner, developer and manager, has opened Frisco Self Storage, an 815-unit facility located on the northern outskirts of Dallas. The 90,250-square-foot property features both climate- and non-climate-controlled space, as well as wine storage. The official opening was held in late September.
GEORGETOWN, TEXAS — Frisco-based TIG Real Estate Services will develop Westinghouse Road Corporate Center, a mixed-use project that will span 16 acres in the northern Austin metro of Georgetown. The property will be located adjacent to a 432-unit townhome community and upon completion will feature office, retail, flex and medical office space. The project is expected to break ground before year’s end and to carry a construction period of six to seven months.
HOUSTON — The LeClaire Group, a division of Marcus & Millichap specializing in self-storage properties, has brokered the sale of Nations Storage, a 516-unit facility located in northwest Houston. The 64,280-square-foot property features climate- and non-climate-controlled space. Dave Knobler and Charles LeClaire of The LeClaire Group represented the seller in the transaction. Other terms of sale were not disclosed.
HOUSTON — BP Lower 48, a Denver-based subsidiary of oil and gas giant BP, has signed a 91,000-square-foot office lease at West Memorial Place, a 716,000-square-foot office campus located in Houston’s Energy Corridor. The two-building property, which is owned by Skanska, features a fitness center, café, car wash service and surrounding hiking trails. Louis Rosenthal and Anya Marmuscak of JLL represented BP Lower 48 in the transaction. The company will move in later this year.
SPRING, TEXAS — NAI Partners has negotiated a 35,000-square-foot industrial lease at 27347 W. Hardy Road in the northern Houston suburb of Spring. Darren O’Conor of NAI Partners represented the tenant, Installed Building Products of Houston LLC, in the lease negotiations. James Schuepbach and Lisa Nickel of Ryoak Real Estate Group represented the landlord, Giddy Up Development LLC.
HOUSTON — HFF has negotiated the sale of WaterWall Place, a 322-unit multifamily community located in Houston’s Uptown area. Completed in 2014, the property features one- and two-bedroom units and amenities such as a pool, fitness center, coffee bar, outdoor grilling area and private resident lounge. Todd Marix, Chris Curry and Estee Ibanez of HFF represented the seller, Hines, in the transaction. The buyer was multifamily investment and management firm HASTA Capital, which acquired the asset free and clear of existing debt. Matt Kafka and Kelly Layne of HFF arranged an undisclosed amount of fixed-rate acquisition financing for the deal through Barings Real Estate.
HOUSTON — Dornin Investment Group (DIG), an asset management firm with offices in California and Nevada, has sold 1250 Woodbranch and 11931 Wickchester, two adjacent office buildings totaling 164,933 square feet in Houston’s Energy Corridor. DIG acquired the Class B properties in 2013 and sold them to two separate, undisclosed investment groups. The new ownership of the Woodbranch building plans to upgrade the property’s common areas. DIG will continue to lease and manage that property as well.
PLANO, TEXAS — Bob Moore Construction has begun work on a 55,000-square-foot manufacturing and distribution facility in Plano for Signazon, an online retailer and supplier of signs, banners and marketing materials. The property includes an unspecified amount of office space. GFF Architecture designed the tilt-wall project, which is expected to be complete by early 2019.