DALLAS — Jones Lang LaSalle arranged the lease of 32,028 square feet of office space at The Towers at Williams Square, located at 5215 N. O'Connor Blvd. in Dallas' Las Colinas submarket. Brad Selner and Andy Leatherman of Jones Lang LaSalle's Dallas office represented the tenant, The Ethos Group, in the lease transaction. Bill Brokaw of Cousins Properties' Dallas office represented the landlord, TIAA Realty, Inc.
Texas
DUNCAN, OKLA. — Hunter Realty has arranged the $7.5 million sale of the 78-room Hampton Inn, located off of U.S. Highway 81 in Duncan. Gary Mills of Hunter Realty's Dallas office represented the seller, Simran Hotels, in the transaction. The buyer was St. Louis-based Midas Hospitality. The deal includes a 1-acre parcel of land fronting the hotel.
DALLAS — Dallas-based Capstone Commercial Real Estate Group has brokered the sale of a 12,228-square-foot office/warehouse property, located at 4241 Sigma Rd. in Dallas. Larry Robbins of Capstone represented the undisclosed seller in the transaction. Nathan Malka of Dallas-based Gable Realty Group represented the buyer, a local investor.
GRAND PRAIRIE — B&E Industries has leased 72,865 square feet of office/warehouse space, located at 2895 133th St. in Grand Prairie. Michael Stanzel of NAI Robert Lynn's Dallas office represented the landlord, John Wilkerson, in the lease transaction. Shane Clark of Fort Worth-based PSC Consulting Services represented the tenant.
RICHMOND — Longhorn Excavators has sold 9,544 square feet of office/warehouse space, located at 8653 FM 2759 in Richmond, to Michael McGuire and Pamela McGuire. The McGuires will lease the property to WinSim Inc. Longhorn Excavators will move its operations to a 4,000-square-foot warehouse building, located at 1625 Cottonwood School in Rosenberg. Linda Scruton of RE/MAX represented the undisclosed landlord in the Rosenberg lease transaction. Glenn Nichols of Glenn Nichols Realty represented the buyer in the Richmond transaction. Jennifer Raymond with ICO Commercial represented Longhorn Excavators in both transactions.
DALLAS — H-E-B Central Market has opened its first small prototype store, a 30,000-square-foot facility, located at the Preston Oaks center at the intersection of Royal Lane and Preston Road in Dallas' Preston Hollow neighborhood. The store is the ninth Central Market store and the fifth in the Dallas/Fort Worth area. Fort Worth-based Trademark Property Co. owns the Preston Oaks center.
FORT WORTH — Dallas-based Bradford Commercial Real Estate Services has arranged a 15,545-square-foot industrial lease, located in Building 2 at 7873 S. Will Rogers Blvd. in Fort Worth. Nick Talley of Bradford Commercial represented the landlord, Carter Industrial Partners, in the lease transaction. Tyler Baucom of HGC Commercial Real Estate's Fort Worth office represented the tenant, Rubber & Gasket Co.
DALLAS — Preston Center Dance has signed a 7,000-square-foot lease at The Corner at Preston Center, a retail redevelopment project located at 6030 Luther Lane in Dallas. The landlord, Rosebriar Properties, was self-represented by Mackenzie Brittingham, Adam Sumrall, Ryan Stewart and Bill Hanks in the lease transaction. Chris Teesdale of Colliers International's Dallas office and Steve Rosenthal represented the tenant. Construction on the facility is expected to begin in March, and the new dance studio is slated to open on August 1, 2012.
DALLAS — Dallas-based KDC and Orlando, Fla.-based Estein & Associates USA have plans to develop a 400,000-square-foot, Class A office tower, located at the 75-acre Victory Park, a mixed-use center, in downtown Dallas. The 23-story property will feature eight floors of office space, 15 stories of parking, an upscale restaurant, a delicatessen and a fitness center. BOKA Powell will provide architectural services and design the property to achieve LEED certification. The office tower is slated for a late 2014 completion.
HOUSTON — Houston-based Highland Resources, Inc., has purchased the 100,875-square-foot 510 Bering, a six-story office tower located in Houston's San Felipe/Voss submarket. Highland was self-represented by Welden Johnston in the off-market transaction. David Schwarz and Tip Strickland of Grandbridge Real Estate Capital's Houston office represented the seller.