BROKEN ARROW, OKLA. — Sperry Van Ness/William T. Strange & Associates LLC (SVNWTS) has arranged the $2.4 million sale of the 36,218-square-foot Berkshire Medical Plaza, located at 1615-1621 Eucalyptus in Broken Arrow. The property was built in 2000 and is 50 percent occupied. Ryan McNeill and Tim Strange of SVNWTS represented the seller, RCB Bank, in the transaction. Dr. Jeff McIllroy was the buyer.
DALLAS — Winstead PC, a law firm, has moved its offices to 130,000 square feet of space at 500 Winstead Building, located at 2728 N. Harwood St. in uptown Dallas. The law firm moved locations from Renaissance Tower. Design firm lauckgroup and general contractor Beck Group collaborated with Winstead on the design of their new office space.
IRVING — SkyWalker Property Partners has acquired a vacant 21,696-square-foot office building in the Las Colinas Office Center, located at 3001 Skyway Circle N. in Irving. SkyWalker purchased the portfolio through its investment vehicle, Hangover Opportunity Fund LLC. Renee Efimoff of SCM Real Estate Services in Arlington and Gary Walker of SkyWalker represented the buyer in the transaction. Shawn Hall of Bright Realty Co. represented the seller, a trust based in Connecticut.
WEATHERFORD, OKLA. — Marcus & Millichap has arranged the sale of a 3,418-square-foot restaurant leased to McDonald's, located at 105 N. Washington St. in Weatherford. Approximately 11 years is remaining on McDonald's 20-year lease. Vincent Knipp and Chance Hales of Marcus & Millichap's Fort Worth office represented the seller, a private investor, and the buyer, a partnership, in the transaction.
AUSTIN — HID Global has plans to construct a $35 million, 200,000-square-foot operations center in Austin, which will serve as the company's manufacturing and distribution headquarters. HID Global worked closely with the Austin Chamber of Commerce, State of Texas and Travis County to bring the project to fruition. The City of Austin approved a 10-year grant estimated at $920,576, Travis County approved $745,000 in tax incentives and the State of Texas approved HID Global for a $1.9 million Texas Enterprise Fund grant.
PLANO — Ascension Group Architects has recently completed the $2.5 million build-out of Children's Medical Center at Legacy's Ambulatory Care Pavilion in Plano. The build-out included 3,400 square feet of shell space on the second floor and 10,400 square feet of shell space on the fourth floor. Dallas-based Balfour Beatty's Fort Worth office handled general contractor duties for the project.
WEATHERFORD — Marcus & Millichap has arranged the sale of the 16,185-square-foot Shoppes of Weatherford, a retail property located at 1914 Main St. in Weatherford. The property is fully leased to triple-net tenants. Philip Levy of Marcus & Millichap's Fort Worth office represented the seller, a limited liability company, in the transaction.
DALLAS — Hartman Short Term Properties XX Inc., an affiliate of Houston-based Hartman Income REIT has purchased the three-story Bent Tree Green, a 139,609-square-foot office building located in the Lower Tollway Corridor at 17300 N. Dallas Parkway in Dallas. Tenants include Purdy-McGuire Inc., Dental One Partners and Behringer Harvard REIT I. Garr Carr and Eric Mackey of CBRE Group represented the seller, Behringer Harvard, in the transaction. The buyer was self-represented by Dave Wheeler, Julian Kwok and Matt Blasi.
MCKINNEY — A partnership between Stratford Land and Zale Corson Group Inc. has agreed to acquire 20 acres of land in the 121 Corridor in McKinney. The site will house a multifamily development.
HOUSTON — A joint venture between Hallandale Beach, Fla.-based Beacon Investment Properties, Menorah Mivtachim and Psagot has acquired One City Centre, a 609,000-square-foot, Class A office building located at 1021 Main St. in Houston's CBD. Menorah Mivtachim and Psagot are two Israeli financial institutions. The joint venture purchased the 31-story office property from Behringer Harvard. One City Centre is currently 84 percent leased and was recently certified LEED Gold. Tenants include Waste Management and Energy XXI. Beacon also purchased a 560,000-square-foot office portfolio in Houston, Ashford 5, 6 & 7, last month.