FRISCO — GENBAND has signed a 52,074-square-foot office lease with Hall Financial Group in Frisco's Hall Office Park. The space is located in the 200,000-square-foot building at 2801 Network Blvd. GENBAND will occupy the third and fourth floors of the eight-story property. CB Richard Ellis' Baron Aldrine and Steve Rigby represented the tenant. Kim Butler and Tammy Lomonaco served as in-house representation for Hall.
HOUSTON — William Luedemann of NorthMarq Capital has arranged a $7.14 million loan for the Reserve at Bankside apartment complex. The 348-unit property is located at 10700 Fondren Road in Houston. Freddie Mac financed the 7-year loan, which carries a 30-year amortization schedule.
FORT WORTH — Hearthstone Delaware Properties of California has sold a 157,000-square-foot warehouse to Conti Warehouses for an undisclosed amount. The property, which formerly served as space for Levitz Furniture, is located at 6913 West Camp Bowie Blvd. in Fort Worth. The space had been vacant for nearly 10 years. Pete and Drew Richardson of Henry S. Miller Brokerage represented Hearthstone in the sale. Ryan Wood served as in-house representation for the buyer.
HOUSTON — TGS-NOPEC Geophysical Co. has signed a lease renewal and expansion totaling 67,691 square feet with TPG/Cal/STRS in 2500 CityWest, which is now 92 percent leased. The space is located at 2500 CityWest Blvd. in Houston. Griff Bandy and Jon Silberman of NAI Houston represented the tenant. Colvill Office Properties' Chip Colvill, Win Haggard, Jr., and Michael Anderson represented the landlord.
LINDALE — GVentures LLC has sold Lindale Corners Shopping Center to a private party for an undisclosed amount. The 20,000-square-foot property is located on South Main Street in Lindale next to a Wal Mart and a Lowe's Home Improvement Center. The shopping center is fully leased.
DALLAS — REIT Dividend Capital Total Realty Trust has borrowed $17.5 million for the 14-story Park Place on Turtle Creek office building. The 177,169-square-foot property, which was built in 1986, is located at 2911 Turtle Creek Blvd. in Dallas. The 3-year loan carries a 3.2 percent interest rate. CB Richard Ellis Capital Markets' Eric Tupler, Josh Simon and Greg Greene arranged the financing.
AUSTIN — Medwing,com has leased 29,600 square feet of warehouse space from the co-development team of Lowe Enterprises and McShane Development Co. The space is located in the 72,000-square-foot Tuscany Center 7 in Austin's Tuscany Center at Walnut Creek development. Skyles Baynes Co.'s Chris Skyles represented the tenant in the 6-year lease. Stream Realty's Will Nichols and Daniel Farrar represented the landlords.
DALLAS — Centro Properties Group has opened a 14,650-square-foot Anna's Linens store in Wynnewood Village Shopping Center. The property is located at the intersection of West Illinois Avenue and South Zang Boulevard in Dallas. Brian Heitzman is in charge of leasing the property for Centro.
AUSTIN — Andy Hill of Berkadia Commercial Mortgage has arranged a $10.52 million acquisition loan for Dove Valley Ranch. The 248-unit apartment complex is located on 13 acres near the South Texas Medical Center in Austin. The 196,000-square-foot property is 96 percent occupied. Freddie Mac funded the floating-rate loan, which carries a 30-year amortization.
KATY — Black Forest Ventures has purchased a 174,521-square-foot office building from CORE Real Estate and a group advised by Prudential Real Estate Investors. The property, which is located at 17000 Katy Freeway in Katy, sits on 10 acres in the Park Ten Office Park. Mustang Engineering leases the building. Rusty Tamlyn, Dan Miller and Trent Agnew of Holliday Fenoglio Fowler represented the seller.