FORT WORTH — Tulsa, Okla.-based LinkAmerica has plans to open a 24,000-square-foot corporate office and training center in CentrePort Business Park, located at 4400 Amon Carter Blvd. in Fort Worth. The new office is slated for a March 2012 opening.
HOUSTON — HFF has arranged the sale of the 344,295-square-foot The Plaza at Enclave, a Class A office building located at 1254 Enclave Pkwy. in Houston's Energy Corridor. The property is fully leased to Dow Chemical Co., Ridgewood Energy, Petrofac and HRT America. Dow is leasing 86 percent of the property. The building is LEED Gold certified and features a 1,434-space parking garage. Dan Miller, Rusty Tamlyn and Trent Agnew of HFF's Houston office represented the sellers, Core Real Estate and BayNorth Capital, in the transaction. Matt Kafka and Wally Reid, also of HFF's Houston office, arranged acquisition financing for the buyer, an affiliate of Tel Aviv, Israel-based Azrieli Group.
HOUSTON — CubeSmart has purchased a 534-unit self-storage facility, located at 1019 W. Dallas St. in Houston. The 47,585-square-foot facility was built in 2004 and designed by Meeks + Partners. Steve Mellon of Grubb & Ellis' Houston office and Pete Williams of the firm's Memphis, Tenn., office represented the seller, Midtown Self Storage, in the transaction.
HOUSTON — Jones Lang LaSalle has arranged a senior mortgage loan for the 312,676-square-foot CITYCENTRE Retail, a Class A retail center in Houston. The center is part of the 1.8 million-square-foot CITYCENTRE, a master-planned community. Tom Fish, Paul House and John Ream of Jones Lang LaSalle's Houston office arranged for AEGON to provide the loan through Transamerica on behalf of the borrower, Midway Cos. and a pension fund advised by L&B Realty Advisors.
DALLAS — Stream Realty Partners has been selected by J.P. Morgan Asset Management, to manage and lease the 1.2 million-square-foot Trammell Crow Center, a Class AA office tower in Dallas' Art District. J.P. Morgan acted on behalf of its institutional investor clients in selecting Stream. The office tower is leased to tenants including Vinson & Elkins, Baker Botts and PricewaterhouseCoopers. Additionally BB&T has leased a full floor of the property and will move in later this year. Sarah Erickson and Ramsey March of Stream Realty's Dallas office will handle leasing services for the property.
SAN ANTONIO — San Antonio-based 4M Realty has brokered the sale of a 42,074-square-foot industrial building, located at 1103 S. Frio St. in San Antonio. Michael Weiss and Sandi Leone of 4M Realty represented the buyer, Bexar County, Texas, in the transaction. The seller was St. Vincent de Paul of the Archdiocese of San Antonio.
ADDISON — Dallas-based Behringer Harvard has broken ground on Allegro II, the 121-unit second phase of the 272-unit Allegro, a multifamily community located at 15750 Spectrum Dr. in the 70-acre Addison Circle mixed-use development in Addison. Allegro II will feature brushed nickel hardware, stainless steel appliances, granite countertops, private patios/balconies and full-size washers and dryers. Completion is slated for third quarter of 2012.
CONROE — Coldwell Banker Commercial United Realtors has brokered the sale of a 70,000-square-foot shopping center, located at 700 W. Davis in Conroe. Mark McGinley of Coldwell Banker's Houston office represented the buyer, Petereit's Conroe Center, in the transaction. Charlene Nickson of ACC Realty's Houston office represented the seller, Conroe Income Investors.
ARLINGTON — Grubb & Ellis has arranged the lease renewal of 120,847 square feet of office space, located at 4300 Centreway in Arlington. Heather Densmore Shover and Chris Wright of Grubb & Ellis' Dallas office represented the landlord, Wells REIT II, in the lease transaction. Frank Ricca and Todd Burnette of Jones Lang LaSalle's Fort Worth office and Matthew Ruffing of the firm's Stamford, Conn., office represented the tenant, Aetna Life Insurance Co.
HOUSTON — Houston-based Mattress Firm has opened a new 1,700-square-foot store, located in the Houston Galleria Mall in Houston. The new store marks Mattress Firm's 73rd store in the Houston area.