DALLAS — Austin-based Chuy's, a Tex-Mex concept created in 1982, has opened its fourth location in the Dallas-Ft. Worth Metroplex. Located at 3908 Dallas Pkwy. along the Dallas North Tollway, Chuy's chose the location due to the daytime corporate population in opening its fourth Metroplex location. This is the 20th Chuy's opening and the restaurant is looking to expand throughout the Southeast. Dallas-based Foremark represented Chuy's in its site location
Texas
FAIRVIEW — A Real Bookstore has signed a 20,000-square-foot lease at The Village at Fairview, making it the largest locally owned bookstore in North Texas. The one-story bookstore will open in December and will include a 2,000-square-foot children's section, a dedicated event space and an area for cooking demonstrations. The Village at Fairview is being developed in conjunction with its sister property The Village at Allen, which opened in October 2008. Together, the mixed-use projects span 400 acres and will include 2 million square feet of retail and 1 million square feet of office, residential and hotel space.
DALLAS — US Courier & Logistics has leased a 32,500-square-foot office and warehouse space in the seven-building Regal Business Center in the Brookhollow industrial district of Dallas. Located at 4560 Leston Ave., the freestanding building is complete with 13 dock doors. David Easterling of CB Richard Ellis represented the tenant, which has operations in Austin, Houston, San Antonio, El Paso, Tyler, McAllen, Waco and Corpus Christi.
SAN ANTONIO — USAA Real Estate Co. and Admiral Capital Group have formed the Admiral Capital Real Estate Fund to pursue commercial real estate opportunities nationally. Led by David Robinson, the legendary San Antonio Spurs center who teamed with former Wake Forest basketball great Tim Duncan to win multiple NBA championships, Admiral Capital Group brings its real estate and hospitality investment expertise, as well as a strong reputation for social initiatives, to the partnership. Alongside other, third-party investors, USAA Real Estate Co. has committed up to $50 million to the partnership and will provide resources from its extensive real estate platform to support the fund's investment strategy, including identifying acquisitions, due diligence and asset management. “In my basketball career, I surrounded myself with the best team possible so we could win championships and give back to our community, and this partnership is no different,” says Robinson, whose Hall of Fame basketball career includes two NBA championships, an NBA MVP trophy and two Olympic Gold Medals. The fund will pursue opportunities in major U.S. markets with a target transaction size of $25 million to $100 million. It will also embrace Robinson's mission to invest in community revitalization and in assets that …
CARROLLTON — Dallas-based Brierley & Partners, a direct marketing agency, has renewed a 43,586-square-foot lease at 2029 McKenzie Drive in Carrollton. Conrad Madsen and Greg Nelson of Lee & Associates represented Brierley, while First Industrial Realty Trust, the landlord, was represented by Robert Allen internally.
DALLAS — Dallas-based Stan Johnson Co. has sold a retail property housing Chase Bank, located at 4709 Ross Ave. in Dallas, for $1.8 million to an international investor. Brett Butler of Stan Johnson Co. represented the company, while Tom Roth of Strategic Retail Advisors represented the buyer in the sale.
PFLUGERVILLE — St. David's HealthCare is working to develop a free-standing emergency care property that will feature 12 treatment beds and lab space. The facility will be located in Pflugerville's Stone Hill Town Center at the intersection of Texas 130 and Texas 45. Delivery is expected in early 2012. St. David's is developing another emergency property in Bee Cave, which will open early next year.
AMARILLO — Ryan Companies US has begun construction on a 115,000-sqaure-foot development facility for Alstom Wind in Amarillo. The 19-acre property, which was designed to achieve LEED certification, is expected to be online next year. The firm will staff the property, which will serve as its North American manufacturing hub, with 275 workers.
LAS COLINAS — Trademark Property Co. has begun a planning and feasibility analysis for FRAM Building Group and Hunt Real Estate Partners concerning a 27-acre tract of land in Las Colinas. FRAM and Hunt are hoping to develop a mixed-use property called North Shore on the land, which is located at the intersection of Las Colinas Boulevard and SH 348. In addition to commercial properties, the project will include a rail station.
BRYAN — Turner Construction Co. has completed a 140,000-square-foot expansion to the Brazos Country Jail. The $45 million project added three detention clusters and capacity for 684 more beds to the Bryan jail. The firm also updated the security system.