Texas

HOUSTON — Results Physiotherapy, a Tennessee-based physical therapy operator with more than 130 clinics across nine states, will soon open four new locations in the Houston area. The new clinics will be located at 2900 Weslayan St. in River Oaks; at Market Town Center in Sugar Land; at Town Square Shopping Center on the city’s west side; and at 4660 Beechnut St. in Meyerland. Jamie Weaver of EDGE Realty Partners represented Results Physiotherapy, which will now operate eight locations in the Houston area, in all lease negotiations. .

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KILLEEN, TEXAS — Conn’s Home Plus, a furniture and home appliances retailer based in The Woodlands, will open a 45,000-square-foot location in Killeen, roughly midway between Austin and Waco. The store will be situated within Wendland Plaza, a 192,322-square-foot retail center located at the corner of State Highway 190 and Fort Hood Street. Grant Gary and Dan Rebensdorf of The Woodmont Co. represented the landlord in the lease negotiations.  

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FARMERS BRANCH, TEXAS — Colliers International has arranged the sale of a 24,080-square-foot warehouse located at 3225 Garden Brook Drive in the Dallas metro of Farmers Branch. Lizzy Blake and Brad Balke of Colliers represented the seller in the transaction. Stonelake Capital Holdings IV LLC purchased the asset for an undisclosed price.

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HOUSTON — The Signorelli Co. will develop The Pointe at Valley Ranch Town Center, a 550-unit apartment project that will be the first multifamily component of the 240-acre Valley Ranch Town Center community located at the intersection of Interstate 69 and Grand Parkway. Meeks + Partners Architects and Brown & Gay Engineers are designing the Class A project, the first phase of which is scheduled to break ground in early 2018.  

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KYLE, TEXAS — InvenTrust Properties Inc. has acquired Kyle Marketplace, a 226,000-square-foot shopping center located in the southern Austin suburb of Kyle, for approximately $59 million. Anchored by H-E-B, the center is currently leased to tenants such as Starbucks, Subway and Whataburger. The seller was not disclosed.

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SAN ANTONIO — Greystar is nearing completion of construction of Overture at Stone Oak, a 143-unit, 55-and-older community in San Antonio. The property offers one- and two-bedroom units ranging in size from 725 to 1,225 square feet and includes 185 parking spaces for staff and residents. Amenities include a pool, hair and nail spa , café and lounge and a private media room. Meeks + Partners served as the project architect.  

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SAN ANTONIO — Sterling Organization, a Palm Beach, Fla.-based private equity firm, has sold Grandview Shopping Center, a 103,000-square-foot, grocery-anchored shopping center in San Antonio for $21.9 million. Anchored by Sprouts Farmers Market, the center is located along Interstate 10 at Callaghan Road, just north of the Loop 410 interchange. The company originally acquired the asset in 2012 for roughly $11.1 million. The buyer was not disclosed.

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GARLAND, TEXAS — Bradford Commercial Real Estate Services has negotiated an 87,780-square-foot office/warehouse lease at 2660 Market St. in the Dallas metro of Garland. Kevin Santaularia and Susan Singer of Bradford Commercial represented the landlord, Houston-based Herzstein Investments Inc., in the lease negotiations. Mark Collins of Cushman & Wakefield represented the tenant, American Builders Contractors Supply Co. Inc., a distributor of roofing, siding and window materials. The space includes three acres for outside storage.  

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CARROLLTON, TEXAS — Dougherty Mortgage LLC has arranged a $32 million Fannie Mae loan for the acquisition of Mustang Park Apartments, a 289-unit multifamily community in Carrollton. The property offers amenities such as a fitness center, business center and a pool. The 12-year loan, which was arranged on behalf of borrower The Mustang Apartments LLC, features five years of interest-only payments and a 30-year amortization schedule.  

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YUKON, OKLA. — Hooter’s, Cheddar’s Scratch Kitchen and Arby’s will join The Market at Czech Hall, a 160,000-square-foot retail center situated along Interstate 40 in Yukon, about 17 miles west of Oklahoma City. The restaurants will occupy three different pad sites totaling about 2.2 acres. Along with the restaurants, a Sleep Inn hotel will also open on the property, which is owned by GBT Realty Corp., at various times in 2018.

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