WYLIE — Marcus & Millichap has secured the sale of the 76-unit Lakeside Village, an apartment community located at 301 W. Kirby St. in Wylie. Bard Hoover, Nick Fluellen and Robert Denninger of Marcus & Millichap's Dallas office represented the seller, an individual trust, in the transaction. The property is fully occupied.
Texas
SUNNYVALE — Texas Regional Medical Center at Sunnyvale has doubled the bed count of the emergency department in a $100,000 expansion. The emergency department's patient visit count has nearly doubled since 2010, when it recorded 18,000. Now the company expects to have nearly 30,000 patient visits in 2012.
COPPELL — CASE Commercial Real Estate Partners has arranged the sale of five acres in Coppell for a hotel development. The site is within one mile of Dallas/Fort Worth International Airport. Sava Holdings, the developer, has designed the property to consist of two limited-service hotels adjoined by a conference center. Bruce Endendyk, John Endendyk and Collin Prater of CASE represented the seller, BB&T Bank, in the transaction. Zenosh LLC is the buyer.
DALLAS — Charlotte, N.C.-based Bell Partners has sold the 180-unit Bell Carlyle, an apartment community located in Dallas near Southern Methodist University. Lincoln Property Co. purchased the community, which includes a pool pavilion with a sundeck, private cabanas, a 24/7 fitness center and a clubhouse.
BULVERDE — Linsalata Realty Services has arranged the sale of Hill Country Square, a 7,346-square-foot retail/office center located at 28150 N. U.S. Highway in Bulverde, just north of San Antonio. The center is 87 percent occupied. Joe Linsalata of Linsalata Realty Services represented the seller in the transaction. The buyer, San Antonio-based T-N-T Interests LLC, was self-represented.
WINNIE — Marcus & Millichap has arranged the sale of the 65-room Econo Lodge Winnie/Beaumont, a hotel located at 46318 Interstate 10 E. in Winnie. The hotel's list price was $1.7 million. Michael Yu, Rahul Bijlani and Eric Guerrero of Marcus & Millichap represented the seller and buyer, both private investors, in the transaction.
COPPELL — Stream Realty Partners has renewed its lease for 100,808 square feet of industrial space at 555 Airline Drive in Coppell. Blake Kendrick of Stream Realty represented the landlord, IndCor, in the lease transaction. Jean Russo of Cushman & Wakefield represented the tenant, Rediform.
KATY — World Market will open a new 15,400-square-foot store in the Grand Lakes Marketplace, located at 6625 S. Fry Road in Katy. Cost Plus World Market, the operator of World Market, has 263 stores in 30 states under the World Market and Cost Plus World Market trademarks.
FORT WORTH — McCarthy Building Cos. has finished the $47 million Fort Worth Westside Water Treatment Plant, which includes an operations building, filter complex, wash water recovery basins, recycle pump station, 2.5 million-gallon ground storage tank, high-service pump station, ozone chemical building and an electrical building. The plant has an initial treatment capacity of 12 million gallons water per day and is expandable to meet the future needs of the area.
AUSTIN — Institutional Property Advisors (IPA) has arranged the sale of The Remington, a 344-unit, resort-style multifamily community in Austin. The community features controlled access gates, a clubhouse, 24-hour fitness center, Internet cafe, coffee bar, swimming pool with cabanas and attached garages. Will Balthrope, Drew Kile and Scott Lamontagne of IPA represented the seller, Koontz McCombs, in the transaction. The buyer is a private investor based in the Pacific Northwest.