Texas

childrens-hospital-san-antonio-health-pavilion-stone-oak

Seavest, Trammell Crow Begin Development of Medical Office Building in San Antonio

by Haisten Willis October 27, 2016

SAN ANTONIO — On behalf of Seavest Healthcare Properties, Trammell Crow Co. has begun construction on a medical office building located at 1434 E. Sonterra Blvd. in San Antonio. Seavest Healthcare Properties will own the new three-story, 60,000-square-foot Children’s Hospital of San Antonio Health Pavilion at Stone Oak. The medical office building will focus on pediatric services. CHRISTUS Santa Rosa will lease 88 percent of the property, with the remaining space leased to MedCare Associates, a primary healthcare group. Construction has already begun and is scheduled for completion in fall 2017. The development team includes general contractor Joeris, architect MKS Associates, Cooper-Lochte Landscape Architecture, Pape Dawson, RGM Engineering and Alpha Consulting Engineers.

October 27, 2016

Office Oklahoma Texas

CBRE Arranges Sale of Class A Office Building in Tulsa

by Haisten Willis October 27, 2016

TULSA, OKLA. — CBRE has arranged the sale of BOK Place at Southern Hills, a 126,656-square-foot, Class A office building in Tulsa. The eight-story asset was 89 percent occupied at closing. Mary Martin of CBRE’s Tulsa office represented the seller, Allegiancy Houston LLC, in the transaction. The building is located at 5727 S. Lewis Ave. near the intersection of East 61st Street and South Lewis Avenue with close proximity to Southern Hills Country Club. Building amenities include high-speed internet, on-site banking with drive thru lanes and an on-site deli. Major tenants include Bank of Oklahoma and The Home Depot.

October 27, 2016

hebron-heights-1012-west-hebron-parkway-carrollton-texas

Retail Texas

Shopoff Acquires Hebron Heights Retail Center in Carrollton for $8.1M

by Haisten Willis October 27, 2016

CARROLLTON, TEXAS — Shopoff Realty Investments, a manager of value-add real estate investments, has acquired a 36,000-square-foot retail center in the Dallas suburb of Carrollton for $8.1 million. The property, Hebron Heights, is located at 1012 W. Hebron Parkway in the north Carrollton submarket. Anchored by Pet Supplies Plus, the retail center is 100 percent leased to national, regional and local tenants. Hebron Heights was constructed in 2004 on 8 acres located less than one mile east of the Sam Rayburn Tollway.

October 27, 2016

Industrial Texas

AmeriPac Leases Second Industrial Facility in Dallas

by Haisten Willis October 27, 2016

DALLAS — AmeriPac Inc., a contract packaging and fulfillment company, has leased a 119,717-square-foot industrial facility at 1000 N. 28th Ave. in Dallas. The property is a part of the company’s expansion and will be used in conjunction with its current facility, which is located directly across the street. The new facility, located at DFW International Airport, features 10,709 square feet of office space, 30-foot clear heights and 22 dock-high loading doors. The space will also be 100 percent climate controlled. The Cushman & Wakefield team of Blake Anderson and David Eseke negotiated the lease on behalf of AmeriPac.

October 27, 2016

intellicentrics-1420-lakeside-parkway-flower-mound-texas

Office Texas

JLL Negotiates Office Lease in Metro Dallas

by Haisten Willis October 27, 2016

FLOWER MOUND, TEXAS — JLL has negotiated a 21,803-square-foot office lease for IntelliCentrics Inc. a healthcare network. The company’s new U.S. headquarters will be at Lakeside Commerce Center, located at 1420 Lakeside Parkway in Flower Mound. JLL’s Steve Thelen and Doug Carignan negotiated the lease on behalf of the tenant. Blake Kendrick of Stream Realty Partners represented the landlord, Exeter Lakeside I LP.

October 27, 2016

Hospitality Texas

Q Hotels Plans $39.5M Dual-Branded Marriott Hotel in Arlington

by Haisten Willis October 26, 2016

ARLINGTON, TEXAS — Q Hotels plans to develop and operate a $39.5 million, dual-branded Marriott hotel property at 3800 S. Collins St. in Arlington. Construction on the combined SpringHill Suites and TownePlace Suites will begin in December and end in summer 2018. The 230-room hotel will include 130 suites for traditional hotel guests and 100 extended-stay suites. Outdoor amenities will include an event lawn and amphitheater-style entertaining space. Indoor amenities will include a gym, steam room, dry sauna and restaurants.

October 26, 2016

Multifamily Texas

StreetLights Residential Opens The Carter Apartment Community in Houston

by Haisten Willis October 26, 2016

HOUSTON — StreetLights Residential has opened The Carter, a 305-unit apartment community in Houston. Located on Chelsea Boulevard just east of Montrose Boulevard, The Carter is situated near Hermann Park, midtown, downtown, the Texas Medical Center and Rice University. On-site amenities include a bar, fitness center, conference center, pet washing station, dog park, pool and 24-hour concierge service. The Carter’s fitness center features Precor fitness equipment, flex fitness room with spin bikes and a yoga studio. There is also a lounge with billiards and a card table located on the 19th floor. The Carter offers one-, two- and three-bedroom residences, along with four townhomes and five penthouses. Units range from 723 to 3,329 square feet. Unit amenities include 10-foot ceilings, granite countertops and backsplashes, hardwood flooring and stainless steel appliances. GDA Architects designed the building, Lynda Tycher & Associates designed the landscape and SLR Texas Construction served as the general contractor. StreetLights Residential and 5G Studio collaborated on the interior design. Lincoln Property Co. will manage the community.

October 26, 2016

Multifamily Texas

Transwestern Arranges Three Multifamily Sales in Metro Houston Totaling 773 Units

by Haisten Willis October 26, 2016

HOUSTON and GALVESTON, TEXAS — Transwestern has arranged the sale of three multifamily properties in metro Houston totaling 773 units. Transwestern’s Ed Cummins, Tim Gregory, Ryan Mendez, Kenady Davis and Lupe Olivares represented the sellers. The transactions include: Park Hollow, a 172-unit community located at 4343 S. Shaver St. in Houston, was purchased for an undisclosed amount. Transwestern represented the seller, Umbrella Home LLC, in the transaction. Maxey Village, a 409-unit community located at 666 Maxey Road in Houston, was purchased for an undisclosed amount. Transwestern represented the seller, Sintoro Capital LLC, in the transaction. Park at Cedar Lawn, a 192-unit community located at 4400 Ave. N. in Galveston, was purchased for an undisclosed amount. Transwestern represented the seller, Mosaic PCL LP, in the transaction.

October 26, 2016

Multifamily Texas

DCM Acquires 240-Unit Apartment Property in Metro Houston

by Haisten Willis October 26, 2016

BAYTOWN, TEXAS — Drever Capital Management (DCM) has acquired Aria at Rollingbrook, a 240-unit apartment community previously known as Watercolor, in Baytown. DCM purchased the property, located at 1700 Rollingbrook Drive, from The Leyendecker Group of Houston. A renovation program is planned to enhance the community and resident experience. Interior upgrades will include granite kitchen countertops, Energy Star appliances and a washer and dryer in each unit. Clint Duncan of CBRE’s Houston office represented the seller in the transaction. Tom Cabibi of DCM internally represented the buyer.

October 26, 2016

Multifamily Texas

SACA Brokers Sale of Veranda at Landa Apartments in New Braunfels

by Haisten Willis October 26, 2016

NEW BRANFELS, TEXAS — San Antonio Commercial Advisors (SACA), an independently owned and operated member of the Cushman & Wakefield Alliance, has brokered the sale of Veranda at Landa, a 61-unit apartment community located near Landa Park in New Braunfels. The property was built in 1964 and renovated in 2013 and 2015. Veranda at Landa sits on 2.8 acres with eight, two-story buildings. Amenities include a swimming pool and dog park. SACA’s Brandon Lo Porto and Scott Weems arranged the transaction on behalf of the seller.

October 26, 2016

Newer Posts

Older Posts