CARROLLTON — Pie Five Pizza Co., a subsidiary of Pizza Inn Holdings, has opened its sixth restaurant, located at 3400 E. Hebron Parkway in Carrollton. The property is more than 2,000 square feet and seats approximately 70 people.
HOUSTON — CEF Funding, a Delaware limited liability company, has retained Houston-based Moody Rambin as the exclusive property management and leasing agent for a three-building office portfolio, located at 16840 and 16850 Buccaneer Ln. and 1045 Gemini St. in Houston. The portfolio includes approximately 80,000 square feet of Class B office space and 50,000 square feet of research and development space. Rob Chandler of Moody Rambin will represent the seller in the disposition of the Class B building, Walter Cameron will oversee the building's property management and Derek Beck and Jeff Barbles will handle the property's leasing.
DALLAS — Dallas-based Capital Senior Living has acquired five senior living communities in Texas and Indiana for $49.4 million, which include independent living, assisted living and memory care facilities. The communities were financed with $37.5 million of 10-year fixed rate debt. The properties have an average 94 percent occupancy and average monthly rents of approximately $3,200.
SAN ANTONIO — The University of Texas-San Antonio (UTSA) has selected HKS Sports & Entertainment Group to build a sports complex on the 125-acre UTSA Park West Campus. The complex will be constructed in multiple phases, and Phase I will include the construction of a 1,000-seat soccer stadium, a 1,000-seat track-and-field stadium and a 500-space parking lot. HKS is working with San Antonio-based Overland Partners Architects on the project's design. Bartlett Cocke General Contractors is providing construction services for Phase I, which is slated for completion in fall 2013.
ARLINGTON — Marcus & Millichap has arranged the sale of the 40,230-square-foot Matlock Mayfield Village, a retail center located at 3330 Matlock Rd. in Arlington. The property is currently 70 percent occupied. Bill Jordan of Marcus & Millichap's Fort Worth office represented the seller, a local limited liability company, in the transaction and procured the buyer, an out of state limited liability company.
EL PASO — The 461,000-square-foot Freedom Crossing at Fort Bliss, the first-ever open-air shopping center to be part of a U.S. military base, is adding A'GACI, O'shoes and Texas Roadhouse to its tenant roster. A'GACI will open an approximately 8,000-square-foot store with O'shoes, its sister store, and Texas Roadhouse will open a 7,900-square-foot location. Other tenants include The Exchange, Commissary, Grand Theatre Fort Bliss 10, Under Armour, Buffalo Wild Wings, Smashburger, Shamrocks Irish Pub and The Sushi Place. There are several new tenants about to open new stores in the center as well, including Things Remembered, Chi Town Bar-B-Que, Auntie Anne's, Cinnabon and Old Fort Bliss Cigar. ServiceStar Property Management manages the center, which is open to civilians.
SAN ANTONIO — The 176-unit Las Brisas, located at 12549 Vista View St., and the 72-unit Lexington, located at 12635 Scardale Rd., both in San Antonio, have been purchased. The buyers, based in Chicago, are partners of Omaha, Neb.-based Seldin Co., which assumed management and leasing responsibilities upon closing. Jon Pesce of Omaha-based World Group advised the buyers in the transactions.
SAN ANTONIO — The 170,000-square-foot KCI Tower, an office tower located at 8023 Vantage Dr. in San Antonio, has been sold. Todd Gold of NAI REOC San Antonio represented the buyer, Callaghan Tower Ltd., in the transaction. The seller was Greenville, S.C.-based TIC Properties.
DALLAS AND FORT WORTH — Dunkin' Donuts has partnered with former Dallas Cowboys quarterback Troy Aikman and Dallas Cowboys owner Jerry Jones to open 50 Dunkin' Donuts locations in the Dallas/Fort Worth area during the next 5 years. There are currently 19 restaurants in the north Texas area. Under the agreement, Dunkin' Donuts, Jones and Aikman will share ownership of the 50 new locations and 11 of the existing 19 locations. Dunkin' Donuts will operate all 69 locations, while Aikman, Jones and Dunkin' Donuts are jointly responsible for strategic planning, expansion and marketing.
PLANO — Newport Beach, Calif.-based KBS REIT III has purchased the 522,043-square-foot Town Center Office Park, a three-building office complex located at the intersection of Legacy Drive and the Dallas North Tollway in Plano. The complex is part of the 2,665-acre Legacy Town Center, a master-planned community. The office complex is 87.5 percent leased to 51 tenants. KBS was self-represented by Bill Rogalla in the transaction.