Texas

DALLAS — LA Fitness has signed a long-term lease for a 50,000-square-foot facility within Cityville at Cityplace, a mixed-use development at the northeast corner of North Haskell Avenue and U.S. Highway 75 in Dallas. John Zikos and Jonathan Cooper of Venture Commercial Real Estate's Dallas office represented the tenant in the lease transaction, along with Walt Brown of Scottsdale, Ariz.-based Diversified Partners. Jack Gosnell of United Commercial Realty's Dallas office represented the landlord, Cityville Dallas Haskell Limited Partnership. This transaction marks the 27th LA Fitness location in the Dallas/Fort Worth area.

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DALLAS — Dunhill Partners and RioCan, Canada's largest REIT, have purchased the 485,000-square-foot Timbercreek Crossing, a Class A shopping center located at 6185 Retail Rd. in Dallas, from owner and developer Trammell Crow Co. The center includes a two-story Walmart/Sam's Club, JC Penney, Whataburger, Chick-fil-A, Sears, Verizon Wireless, Bank of America and DelTaco. Dunhill Partners will manage the center. Chris Cozby, Chris Gerard and Brandon Ferguson of CBRE's Dallas office represented the seller in the transaction. Mike Bryant, Scott Lewis and Matt Ballard of CBRE's Dallas office arranged the acquisition financing on behalf of the buyers.

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HOUSTON — CyrusOne, a subsidiary of Cincinnati Bell, has acquired 175,000 square feet of data center space in Houston from owner and developer Panattoni Development Co. The acquisition includes the LEED-Silver building that CyrusOne currently occupies as well as an adjacent data center under construction. Stan Johnson Co. represented the seller in the transaction, and Dallas-based Lincoln Rackhouse represented the buyer.

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BEDFORD — Marcus & Millichap has arranged the sale of the 85-unit Linbrook Apartments, located at 531 Bedford Rd. in Bedford. The property was 80 percent occupied at the time of the sale. Boyan Radic, Mason Green and Brian Roosth in Marcus & Millichap's Fort Worth office represented the buyer, a 1031 exchange company from the East Coast, and the seller, a limited partnership from California, in the transaction. The buyer plans to upgrade the unit interiors and install a new roof.

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SPRING — The Woodlands-based BANDIER Realty Partners has brokered the sale of a 12,060-square-foot retail center, located at 3307 Spring Stuebner W. Rd. in Spring. The property was foreclosed on by Sterling in September. The center is 37 percent occupied and includes a 1.17-acre pad site for future development. Jason Tangen and Jody Czajkoski of BANDIER's Foreclosure Asset Services Team represented the seller, Metro Bank, NA, in the transaction. Mark Terpstra of Houston-based Caldwell Cos. represented the buyer.

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HASLET — Invesco Real Estate has purchased a 747,528-square-foot Kraft Distrubution Center, an industrial property located in the Alliance Business Park at 2617 Blue Mound Rd. in Haslet. The property is fully leased to Kraft Foods. Jack Fraker and Josh McArtor of CBRE's Dallas office represented the seller, USAA Real Estate, in the transaction.

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HOUSTON — Situs Asset Solutions has arranged the sale of a 57-room Comfort Inn & Suites, located at 3555 FM 1960 in Houston. Stephen Kradjian and Maury Bronstein of Situs' Houston office represented the seller, Champion 3555 FM 1960 W BACM07-02 LLC, in the transaction. Mahul Hajari of Avondale, La.-based Hajari Realty represented the buyer, an out-of-state investor.

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KINGWOOD — Cleveland-based Woodside Health has acquired the 29,162-square-foot Kingwood Executive Center, a medical office building complex located at 201 Kingwood Medical Dr. in Kingwood. The two-building property features a koi pond and a garden. Ted Barr of Middleburg Heights, Ohio-based Crescendo Commercial Realty represented the buyer in the transaction. The seller was represented by Grubb & Ellis Co.

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