DALLAS — Marcus & Millichap has brokered the sale of the 150-unit Andora Apartments, located at 3302 Linda Drive in Dallas. John Barker of Marcus & Millichap's Dallas office represented the seller and buyer, both local limited liability companies, in the transaction.
Texas
HOUSTON — Houston-based LMI Capital has arranged $3.9 million to refinance four multifamily properties, located in Stephensville, Breckenridge, Eastland and Sweetwater. Jamie Mullin of LMI Capital arranged the five- and 10-year loans through a regional bank.
ROUND ROCK — Austin-based TRISUN Healthcare, a subsidiary of Harden Healthcare, has opened the new 90,000-square-foot Wyoming Springs Assisted Living and Memory Care facility, located at 7230 Wyoming Springs Drive in Round Rock. The property features 102 assisted living units, 32 of which are dedicated to memory care residents. Prevarian Senior Living designed and built the seniors housing facility, which features a spa, exercise room with classes, a library with computers, a theater, wine bar, gardening spot and a playground for visiting children. The facility also includes an on-site barber, beauty salon, country store, an on-site chaplan and TRISUN's Signature Dining Service.
TEXAS CITY — HDA Architects has finished a 165,000-square-foot distribution center for Del Papa Distributing, located in Texas City. The facility features an atrium space with a linear skylight and custom wood casework throughout the main corridors.
MISSOURI CITY — Marcus & Millichap has arranged the sale of 200,376 square feet of land, or 4.6 acres, at Hampton Pointe at the intersection of Hampton Drive and FM 1092 in Missouri City, for $1.5 million. Rod Llanos and Douglas O'Toole of Marcus & Millichap's Houston office represented the buyer, a developer, in the transaction.
HOUSTON — NAI Houston has arranged the sale of a 10,000-square-foot industrial property, located at 14230 Interdrive E. in Houston. Travis Land and John Ferruzzo of NAI Houston represented the sellers, Gary and Vickie Long, in the transaction. The buyer was Realrona, Inc.
BROWNWOOD — LTC Properties has acquired a 90-bed skilled nursing facility, located in Brownwood, for $6.5 million. Concurrent with the purchase, LTC Properties added the property to an existing master lease with Senior Care Centers. The property was built in 2011.
DALLAS — LA Fitness has signed a long-term lease agreement to build a 45,000-square-foot facility in the Old Town Shopping Center, located at the northeast corner of Lovers Land and Greenville Avenue in Dallas, on the site of a former Borders Books & Music store. Construction has commenced for the new facility. John Zikos, Jonathan Cooper and Chris Booras of Venture Commercial, along with Walt Brown Jr. and Tim Dollander of Diversified Partners, represented LA Fitness in the lease transaction. Elizabeth Allen and Michelle Caplan of The Weitzman Group represented the landlord.
EULESS — Messenger College has acquired 25,000 square feet of office space in the Signet Hill office building, located at 400 S. Industrial Blvd. in Euless. Messenger College, an accredited college affiliate with the Pentecostal Church of God, will occupy the third floor and part of the second floor. Darrel Higginbotham of SCM Real Estate Services represented the landlord in the transaction. Dean Lemons of Dean Lemons & Associates represented the buyer.
HOUSTON — NewQuest Properties has arranged the sale of 37,135 square feet of land, located at Imperial Drive and Bammel Road in Houston, for a future Dollar General store. Vaughan Ford of NewQuest represented the buyer, Houston DG Ltd., in the transaction. Jeff Scarborough of Scarborough Real Estate represented the seller.