HOUSTON — Boxer Property concluded lease negotiations with Lone Star Group for a 12,803-square-foot lease in the Wells Fargo Bank office building, located at 12941 N. Freeway in Houston. Rami Alablli of Keller Williams represented Lone Star Group in the transaction. Brian Hines arranged the lease on behalf of Boxer Property.
HOUSTON — Moody Rambin Interests has arranged the sale of Park Green I, a 90,904-square-foot office building located at 8300 Bissonnet St. in Houston. Rob Chandler of Moody Rambin represented the seller, Khoshbin 8300 LLC, in the transaction.
CARROLLTON, TEXAS — Duro-Last Inc., a Michigan-based roofing systems manufacturer, has opened a new 89,430-square-foot distribution center in Carrollton to serve its central U.S. clients. The new center is located at 2940 Eisenhower St. in the Frankford Distribution Center I, a 153,200-square-foot campus owned by Duke Realty Corp. Duke Realty was self-represented by Matt Hyman. Joe Santaularia and Brock Wilson of Bradford Commercial Real Estate Services represented the tenant in the long-term lease deal.
FORT WORTH, TEXAS — Marcus & Millichap has brokered the sale of a 17,645-square-foot retail property triple-net leased to Backwoods Equipment Co. The property is located at 2727 W. 7th St. in Fort Worth. Philip Levy of Marcus & Millichap's Fort Worth office represented the seller, River Sharpe Holdings Ft. Worth, a limited liability company, in the transaction. Backwoods has more than 11 years remaining on its lease.
IRVING, TEXAS — Enterprise Holdings has leased 27,232 square feet of office space in Airport Corporate Center, located at 4201 N. State Highway 161 in Irving. The new location will house 100 employees serving more than 150 local car sites, as well as Enterprise's north Texas commercial truck and car sales operations. Cribb Altman of Cushman & Wakefield's Dallas office represented Enterprise in the transaction. The landlord is Atlas CP LLC. Enterprise will move into its new space in early September. Enterprise Holdings is the operator of Enterprise Rent-A-Car, Alamo Rent-A-Car and National Car Rental.
HOUSTON — The Royal Sonesta Hotel Houston will soon undergo a $25 million renovation, featuring upgrades to the lobby, all 485 guestrooms, its restaurant and bar and its 50,000 square feet of event space. Existing amenities such as the rooftop swimming pool will be enhanced as well. Looney & Associates is designing the hotel renovations. The hotel is located in Houston's Uptown District, adjacent to the Houston Galleria. A majority of the work is slated for completion this fall.
FORT WORTH, TEXAS — Homewood Suites by Hilton has opened a new 112-suite hotel in Fort Worth, known as Homewood Suites — Fort Worth Medical Center. Fort Worth Midtown Lodging Partners ES owns the property and Raymond Management Co. manages it. The new hotel is located at 2200 Charlie Ave. and features an amenity package consisting of a fitness center, pool, sports court, 24-hour business center and meeting space.
DALLAS — The CBRE retail brokerage and project management team in Dallas has arranged the expansion of Seattle's Best Coffee to 10 locations throughout the Dallas/Fort Worth Metroplex. Daniel Taylor, Chris Sacks and Andrew Wiley provided market evaluation, mapping and demographic analysis, site selection and lease negotiations for the coffee retailer. Sean Goff and April Desabrais of CBRE's project management team established a cost efficient approach to construction. The 10 sites are located in Dallas, Fort Worth, Burleson, Lancaster, McKinney and Rockwall.
ARLINGTON, TEXAS — Pie Five Pizza Co. has opened its 10th corporate-owned location in the Dallas/Fort Worth area and its 11th store overall. The new Pie Five restaurant will located at 2151 N. Collins St., Suite 105 in Arlington. The restaurant is nearly 2,000 square feet and can accommodate approximately 70 patrons. Pie Five has awarded agreements for another 37 restaurants to-date in Utah, Charlotte, North Carolina, Florida and Kansas City.
TULSA, OKLA. — Marcus & Millichap has arranged the sale of a 7,164-square-foot Macaroni Grill restaurant in Tulsa. The restaurant is located at 6603 S. Memorial Drive. Jason Vitorino and Jared Aubrey of Marcus & Millichap's Dallas office represented the seller, a limited liability company, in the transaction. Vitorino and Aubrey procured the buyer, also a limited liability company. Tim Speck of Marcus & Millichap's Dallas office assisted in closing the transaction.
