Texas

Bradford Commercial Negotiates 63,055 SF Office Lease in Carrollton

by Haisten Willis October 25, 2016

CARROLLTON, TEXAS — Bradford Commercial Real Estate has negotiated a 63,055-square-foot office lease in Carrollton. In a relocation and expansion of its headquarters, Revolution Retail Systems LLC has backfilled 63,055 square feet of a 99,524-square-foot office/warehouse space in Valwood Industrial Park. The property, known as Valwood 33, is located at 1400 Valwood Parkway and includes 40,000 square feet of built-out office space. Bradford’s Brian Pafford and Jason Miller represented the landlord, RCI Valwood LLC, in the transaction. Revolution Retail has expanded by 53,699 square feet with its relocation from 1400 Hutton Drive, which is located at the rear of its new headquarters office and distribution center. Bob Luttrell of Jackson Cooksey Inc. represented the tenant, which designs and builds hardware and software cash-management solutions.

October 25, 2016

M&M Arranges Sale of Super 8 Austin Airport South Hotel

by Haisten Willis October 25, 2016

AUSTIN, TEXAS — Marcus & Millichap has arranged the sale of Super 8 Austin Airport South, a 37-room hotel located at 3120 Montopolis Drive in Austin. Allan Miller and Chris Gomes of Marcus & Millichap’s San Antonio and Dallas offices marketed the property on behalf of the seller, a partnership. Miller also secured the buyers, a limited liability company and private investor from New York. Michael Laurencelle and Tom Laurencelle of Marcus & Millichap Capital Corp.’s Austin office originated acquisition financing on behalf of the buyer.

October 25, 2016

Retail Texas

Van Marcke Trade Supply to Open Two Locations in Fort Worth

by Haisten Willis October 25, 2016

FORT WORTH, TEXAS — Charlie Otte of Rubicon Representation represented Van Marcke Trade Supply in the lease of two retail stores in Fort Worth. On Dec. 1, the company will move into 5,000 square feet at Westside Marketplace located at 9124 Camp Bowie West Blvd. . Jeff Marek of Vision Commercial Real Estate represented the landlord, TIC Westside Holdings LLC, in the lease transaction. On Jan. 1, Van Marcke Trade Supply will move into a 5,000-square-foot space at 5203 McCart Ave., just off I-20. Ann Ngo of Quine & Associates represented the landlord, Sweet Talking LLC, in the lease. Van Marcke Trade Supply is looking to open 16 new stores in the Dallas-Fort Worth Metroplex.

October 25, 2016

1022-west-mitchell-street-arlington-texas

Hospitality Office Texas

Goodstar JV Sells Medical Office Building in Arlington

by Haisten Willis October 25, 2016

ARLINGTON, TEXAS — Goodstar JV has sold a two-suite medical office building in central Arlington to a private investor. The 4,800-square-foot building is located on nearly a half acre at 1022 W. Mitchell St., just west of the University of Texas at Arlington. Wayne Burgdorf of Coldwell Banker Commercial Advisors DFW represented Goodstar JV, an entity owned by a group of retired dentists. Dr. Chia-Ming Lee, a dentist, occupies the smaller of the two suites. The larger space, totaling 2,700 square feet, is vacant and will be retooled to become general office space. The single-story building, developed in 1974, features 30 parking spaces. David Keal of Aubrey Keal Commercial Real Estate represented the local buyer.

October 25, 2016

Office Texas

JLL Brokers 10,183 SF Office Lease in Fort Worth

by Haisten Willis October 25, 2016

FORT WORTH, TEXAS — JLL has brokered a 10,183-square-foot office lease on behalf of Cotten Schmidt & Abbott LLP. The Fort Worth-based law firm will be relocating to the top floor of the Pier 1 Imports Building located at 100 Energy Way. JLL’s Pat McDowell negotiated the lease on behalf of Cotten Schmidt & Abbott, and Todd Burnette, also of JLL, represented Pier 1 Imports.

October 25, 2016

hillcrest-village-apartments-alvin-texas

Multifamily Texas

Hunt Mortgage Group Refinances Four Properties in Metro Houston Totaling $21.8M

by Haisten Willis October 24, 2016

SEALY, HOUSTON and ALVIN, TEXAS — Hunt Mortgage Group has provided four Fannie Mae loans totaling $21.8 million to refinance four multifamily properties in metro Houston for the same sponsor, William Doogan. The properties include: Edgewood Apartments. Hunt Mortgage Group provided a $3.9 million loan facility to refinance Edgewood Apartments. The garden-style property comprises nine two- and three-story residential buildings totaling 136 units. Edgewood Apartments is located in Sealy, about 50 miles west of Houston. Amenities include an outdoor saltwater pool, spa, two playgrounds and a common laundry facility. Savannah Place Apartments. Savannah Place Apartments is located in the Eldridge neighborhood of Houston, 23 miles east of the Houston central business district. Hunt provided a $7 million loan to refinance the property, a garden-style complex with 13 two- and three-story residential buildings plus a single-story leasing office. There are 260 parking spaces on-site, including 152 carport spaces, enabling each unit to have an assigned/reserved covered space. Harpers Mill Apartments. Hunt Mortgage Group provided a $5 million loan to refinance Harpers Mill Apartments, a 130-unit garden-style property with 13 two-story residential buildings and a two-story leasing office. Harpers Mill Apartments has 238 parking spaces. Property amenities include two common laundry facilities …

October 24, 2016

Industrial Texas

Casey Development Opens The Keep Storage at Westover Hills in San Antonio

by Haisten Willis October 24, 2016

SAN ANTONIO — Casey Development Ltd. has opened The Keep Storage at Westover Hills in San Antonio. The property is a 106,000-square-foot, Class A self-storage facility located at the northeast corner of Highway 151 and Ingram Road. The facility provides 671 storage units and 10 mini offices. The storage units vary in size from five- by five-foot lockers to 10- by 30-foot units, and73 percent are climate controlled. The Keep Storage at Westover Hills is Casey Development’s first self-storage facility. Future Keep Storage facilities in San Antonio are under development in Stone Oak, Thousand Oaks/Henderson Pass and on Vance Jackson Road outside Loop 410. Amenities include on-site management, a digital surveillance system with closed-circuit visual hallway monitoring, individual door alarms and controlled access entry.

October 24, 2016

javelina-station-apartments-kingsville-texas

Multifamily Student Housing Texas

Oldham Goodwin Capital Arranges Sale of Student Housing Community in South Texas

by Haisten Willis October 24, 2016

BRYAN, TEXAS — Oldham Goodwin Capital (OGC) has arranged the sale of Javelina Station Apartments, a 360-bed student housing community located at 1300 W. Corral Ave. in Kingsville, to ApexOne Investment Partners. Oldham Goodwin Capital is a subsidiary of Oldham Goodwin Group LLC. Javelina Station Apartments is located within walking distance of Texas A&M University — Kingsville. Amenities include a swimming pool, outdoor kitchen and barbecue area, fitness center, theater room, game room, study room and coffee bar.

October 24, 2016

Multifamily Texas

IPA Brokers Sale of 276-Unit Apartment Complex in San Antonio

by Haisten Willis October 24, 2016

SAN ANTONIO — Institutional Property Advisors (IPA) a division of Marcus & Millichap, has brokered the sale of Boardwalk Med Center, a 276-unit apartment community in northwest San Antonio. Will Balthrope, Drew Kile and Jordan Featherston of IPA represented the seller and procured the buyer, an affiliate of Starlight U.S. Multi-Family. The property is located at 7838 Huebner Road, near the South Texas Medical Center, the University of Texas at San Antonio and the world headquarters of USAA. Completed in two phases in 2011 and 2014, Boardwalk Med Center’s community amenities include a swimming pool, fitness center, outdoor fire pit and a dog park. Unit amenities include granite countertops, black appliances and full-size washers and dryers.

October 24, 2016

Office Texas

Venture Commercial Negotiates 16,000 SF Office Sale in Plano

by Haisten Willis October 24, 2016

PLANO, TEXAS — Venture Commercial’s David Schnitzer has represented the firm of R. E. Lopez and Associates LP in the acquisition of a 16,000-square-foot office building in Plano for a relocation and expansion of its law offices. The two-story building, named The 550, is located at 550 E. 15th St. at the southeast quadrant of 15th Street and North Central Expressway. Lopez will occupy the top floor and will lease out the bottom floor of the building. Brandon Crow and Wilson Stafford of EDGE Realty Partners represented the seller, 4 Green House Holdings I LLC.

October 24, 2016

Newer Posts

Older Posts