Texas

CADDIS PARTNERS SELLS TWO MEDICAL OFFICE BUILDINGS

by admin June 22, 2012

ARLINGTON AND SUNNYVALE — Dallas-based Caddis Partners has sold two medical office buildings — The Texas Medical Clinic at Arlington in Arlington and Sunnyvale Medical Plaza in Sunnyvale — to an affiliate of American Realty Capital Healthcare Trust. Caddis Partners will continue to manage the properties. The Texas Medical Clinic at Arlington is 66,819 square feet and features space for 40 physicians. The property features an on-site lab, a sleep lab, a conference room and a women's center with diagnostic imaging. The medical office building was developed by Caddis Partners in 2010. Sunnyvale Medical Plaza is 48,910 square feet on the campus of the Texas Regional Medical Center at Sunnyvale. The 70-bed hospital was developed by Caddis Partners in 2009.

June 22, 2012

EMSER TILE RENEWS 417,350 SF LEASE OF DISTRIBUTION SPACE

by admin June 22, 2012

HOUSTON — Emser Tile has renewed its lease of a 417,350-square-foot distribution center, located at 9835 A Genard Road in Houston's Northwest submarket. First Industrial Realty Trust, the landlord, was self-represented by Royal Pratt. As of March 31, First Industrial's 3.6 million-square-foot portfolio in Houston was 99 percent leased.

June 22, 2012

Texas

VENTURE BROKERS 21-ACRE LAND ACQUISITION

by admin June 22, 2012

MANSFIELD — Venture Commercial has arranged the sale of a 21-acre land parcel, located at the southwest corner of U.S. Highway 287 and Broad Street in Mansfield. Kohl's and Quik Trip are currently located on the site. Chris Booras, David Davidson, Edward Bogel and John Zikos of Venture Commercial represented the buyer, Dallas-based 42 Real Estate LLC, in the transaction. Dusty Renfro of Gridiron Capital represented the seller.

June 22, 2012

Office Texas

ICO COMMERCIAL ARRANGES OFFICE/WAREHOUSE SALE

by admin June 22, 2012

HOUSTON — ICO Commercial has brokered the sale of 6,300 square feet of office/warehouse space, located at 14814 Park Almeda Drive in Houston. Nick Peterson and Payton Indermuehle of ICO Commercial represented the buyer, K&K Depeuter Investments, in the transaction. Clay Pritcett of NAI Houston represented the seller.

June 22, 2012

Retail Texas

CONN'S HOME PLUS STORE OPENS IN WACO

by admin June 21, 2012

WACO — Conn's Inc. has opened a 45,000-square-foot Conn's Home Plus store, located at 230 N. New Road in Waco. The new store includes more than 23,000 square feet devoted to furniture and mattresses. Conn's currently operates 65 locations in Texas, Louisiana and Oklahoma.

June 21, 2012

Industrial Texas

NAI HOUSTON BROKERS INDUSTRIAL SALE

by admin June 21, 2012

SUGAR LAND — NAI Houston has brokered the sale of a 40,000-square-foot industrial facility, located at 510 Industrial Blvd. in Sugar Land. Chris Caudill and Joel Michael of NAI Houston represented the seller, KW Industries Inc., in the transaction. Blake Gibson and Ashley Yoder of Colliers International represented the buyer, Petronash.

June 21, 2012

Retail Texas

SRS BROKERS SALE OF SILVER CREEK II

by admin June 21, 2012

AUSTN — SRS Real Estate Partners has arranged the sale of the 10,000-square-foot Silver Creek II shopping center, located at the intersection of West Parmer Lane and Silver Creek Drive in Austin. The property is fully leased. Jason Middlebrook of SRS Real Estate Partners represented the seller in the transaction.

June 21, 2012

Hospitality Texas

SONESTA TO REBRAND STAYBRIDGE IN HOUSTON

by admin June 21, 2012

HOUSTON — Sonesta International Hotels Corp. will manage the 93-room Staybridge Suites Houston Galleria, located at 5190 Hidalgo St. in Houston's Galleria area, starting August 13. Sonesta will rebrand the hotel as the Sonesta ES Suites Houston. The hotel features an outdoor swimming pool, 24-hour fitness center, season grill, guest laundry and 24-hour business center.

June 21, 2012

Multifamily Texas

NORTHMARQ ARRANGES $31.37M IN MULTIFAMILY FINANCING

by admin June 21, 2012

DALLAS — NorthMarq Capital has arranged a $21.13 million construction/permanent loan and $10.24 million in joint venture financing for the 192-unit 3003 Carlisle Apartments, located in Dallas' Uptown district. William Jackson of NorthMarq's Dallas office arranged the loans through a regional commercial bank and a correspondent life insurance company.

June 21, 2012

Office Texas

LIONSTONE GROUP REPURCHASES OFFICE BUILDINGS

by admin June 20, 2012

THE WOODLANDS — The Lionstone Group has repurchased the Waterway Plaza I & II office buildings, two Class A properties located in The Woodlands totaling 366,000 square feet. The company owned the buildings from 2003 to 2005. The Lionstone Group purchased the properties through CFRE Partners One, a $252 million investment vehicle. Trent Agnew, Robert Williamson and Jeff Hollinden of HFF represented the seller, Daymark, in the transaction. Eric Anderson of Transwestern is handling the leasing for the properties.

June 20, 2012

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