Texas

CORPUS CHRISTI, TEXAS — Fort Worth-based Trademark Property Co. will bring a 61,233-square-foot Dick's Sporting Goods anchor store and a 4,166-square-foot Corner Bakery Cafe to The Shops at La Palmera in Corpus Christi. Construction is set to begin soon on the Dick's Sporting Goods, which is anticipated to open this fall. Corner Bakery Cafe is scheduled to open in May. The Shops at Palmera is a 200,000-square-foot retail development located across from the La Palmera mall. The retail development underwent a two-year, $50 million renovation after Trademark and Institutional Mall Investors LLC purchased the property in 2008.

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SAN ANTONIO — Transwestern's San Antonio office has arranged the sale of Brookhollow Park, a 102,466-square-foot, Class A office building located at 911 Central Parkway N. in the North Central submarket of San Antonio. The multi-tenant office building is fully leased. Alan Grilliette, Hale Umstattd and Leah Gallagher of Transwestern represented the seller, Grosvenor International, in the transaction.

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HOUSTON — NorthMarq Capital has arranged first mortgage refinancing for Wynhaven Town West, a 396-unit multifamily community located at 14906 Westpark Drive in Houston. Kerry French of NorthMarq's Houston office arranged the 10-year loan through Freddie Mac to amortize over 30 years on behalf of the borrower, a national apartment development and investment group.

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LEAGUE CITY, TEXAS — McCarthy Building Cos. has been awarded The University of Texas Medical Branch Victory Lakes Specialty Care Center expansion project in League City. The $52.3 million, design-build project includes the addition of 142,000 square feet to the existing outpatient center. The expansion includes additional operating rooms, an emergency department, observation units and associated support space. The project is scheduled for a spring 2015 completion.

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AUSTIN, TEXAS — Affiliates of StreetLights Residential and Hunt Cos. have formed a joint venture to break ground on a 300-unit, high-rise apartment tower, located at 214 Barton Springs Road in Austin. The project's ownership group consists of Hunt Development Group LLC and Hunt Barton Springs LLC (both affiliates of Hunt Cos.), along with SLR Residential at Barton Springs LLC, an affiliate of StreetLights Residential. Austin-based Rhode Partners designed the 19-story glass and brick tower. The interior of the property has been designed to emulate a boutique hotel with an expansive lobby, resort-style pool deck, fitness center and rooftop lounge. The high-rise will feature views of Lady Bird Lake, the downtown skyline, the State Capitol and the West Hills. The high-rise tower is scheduled to open by August 2014, with pre-leasing expected to begin in the summer of 2014.

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PLANO, TEXAS — Cencor Realty Services is under way with the construction of West Plano Village, a mixed-use project located at the northeast corner of the Dallas North Tollway and Parker Road in Plano. The development will include 90,000 square feet of retail and restaurant space, 60,000 square feet of second-floor office space and 245 residential units. A 10,000-square-foot eatZi's Market & Bakery will anchor the retail portion of the development, along with the existing Cinemark West Plano and XD theater. AMLI Residential will develop the multifamily component of West Plano Village in a four-story configuration. Michelle Caplan and Earl Harris of The Weitzman Group are handling the leasing of the retail portion, while Chrystal Morgan of Weitzman is handling office leasing. The apartment community is slated for a summer 2014 opening, while the retail and office space will open in the fall of 2014. David Palmer of Cencor is directing the development of the mixed-use development, and Dallas-based Hodges & Associates is designing the retail and office components.

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HOUSTON AND AUSTIN, TEXAS — Jamie Mullin of LMI Capital has arranged $29.2 million in debt across six multifamily properties for six different borrowers. The loans include: A 10-year, $7.2 million refinance loan for a 380-unit property in the Greenspoint area of Houston A 10-year, $4.8 million acquisition loan for a 258-unit multifamily community in southwest Houston A 10-year, $4.8 million refinance loan for a 240-unit property in southwest Houston A three-year, $3.6 million acquisition loan for a 216-unit distressed community in southwest Houston A 10-year, $6.6 million acquisition loan through Fannie Mae for a 192-unit community in north Austin A 10-year, $2.2 million acquisition loan for a 54-unit property in north Austin

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KILLEEN, TEXAS — ARA has secured the sale of The Bridgemoor at Killeen Apartments, a 180-unit, Class A community located at 2710 Cunningham Road in Killeen. The community features a saltwater pool, spa, movie theater, billiards room, poker room, business center, fitness center, yoga studio and garages. The property is 96 percent occupied. Jeff Patterson and Kelly Witherspoon of ARA's Austin office represented the seller, an Oregon-based regional investor, in the transaction. A Chicago-based private investor purchased the property.

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DALLAS — Dallas-based Harwood International, a global real estate developer and investor, plans to break ground on District 1444: The Design Village, a mixed-use village located at the southeast corner of Dragon Street and Oak Lawn Avenue in the Dallas Design District. District 1444 will feature 224 apartment units, a rooftop junior Olympic pool with cabanas, views of the Dallas skyline, a fitness center, fire pits, game room, gardens and more than 46,000 square feet of retail space. An architectural team led by Laura Lleal and Ben Cortez of Harwood Design Factory LLC is designing the property. Harwood has signed three of the five restaurant spaces to lease deals and will break ground on the development in the spring. The Dallas Design District began as a post World War II collection of warehouses and has since transformed into a mixed-use residential district.

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ARLINGTON, TEXAS — Marcus & Millichap has secured the sale of the 60-unit Windemere, an apartment complex located at 2003 Wesley Drive in Arlington. Nick Fluellen, Robert Denninger and Bard Hoover of Marcus & Millichap's Dallas office represented the seller, a limited liability company, in the transaction. Fluellen and Hoover also secured and represented the buyer, a private investor.

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