NASHVILLE, TENN. — Nashville-based provider HCA Healthcare has entered into an agreement to purchase 41 urgent care centers located throughout Texas from regional owner-operator FastMed. The addition of the clinics, which are located throughout the metro areas of Dallas, Austin, San Antonio, Houston and El Paso, will raise HCA Healthcare’s national portfolio count of urgent care centers to 268. The deal is expected to close this summer.
AUSTIN, TEXAS — RWE Renewables, which develops and operates renewable energy plants, has signed a 69,000-square-foot office lease at Centro, a mixed-use development in Austin that is owned by locally based investment firm Riverside Resources. John Gump, Nate Stricklen and Jon Milonas of CBRE represented RWE Renewables in the lease negotiations. Riverside Resources was self-represented. A quartet of merchandisers and restaurants also recently signed leases to occupy the development’s 15,000 square feet of retail space.
WEBSTER, TEXAS — Locally based brokerage firm Finial Group has negotiated a 16,400-square-foot industrial lease in Webster, a southeastern suburb of Houston. According to LoopNet Inc., the building at 16920 Texas Ave. was built in 1981, totals 53,290 square feet and features 18-foot clear heights. Jason Gibbons and Doc Perrier of Finial Group represented the tenant, Pennsylvania Tool Sales & Services, which supplies heavy industrial and manufacturing companies, in the lease negotiations. The landlord was not disclosed.
GALVESTON AND BAYTOWN, TEXAS — Self-storage brokerage firm Versal has negotiated the sale of a portfolio of two self-storage facilities totaling 790 units in Galveston and Baytown. The facilities, which are together known as the Watson & Taylor Portfolio, total 104,830 net rentable square feet. Bill Bellomy, Michael Johnson, Logan Foster and Hugh Horne of Versal represented the Texas-based seller in the transaction. The team also procured the buyer, New York-based owner-operator Andover Properties, which is perhaps best known for its Storage King USA brand.
HOUSTON — New York-based global investment firm GTIS Partners will develop an approximately 484,000-square-foot industrial project in southeast Houston. The development will consist of a 355,071-square-foot, cross-dock building and a 128,999-square-foot, rear-load building on a 26-acre site. Building features will include 36- and 32-foot clear heights, respectively, and combined parking for 382 cars and 93 trailers. Construction is scheduled to begin in the fourth quarter and to be complete in summer 2024. Other project partners include Powers Brown Architecture and Langan Engineering.
PLANO, TEXAS — Adolfson & Peterson (AP) Construction has been awarded the contract to renovate a 236,000-square-foot industrial building in Plano that is leased to defense and aerospace contractor Raytheon. The project will feature a complete finish-out of the existing four-story building, which includes office space and labs. Additionally, the Plano campus project will include site improvements, security fencing, additional guard shacks and paving modifications. Completion is scheduled for the end of the year. The name of the building owner was not disclosed.
NATALIA, TEXAS — Love’s Truck Solutions, which operates truck stops across the country, will open a 252,500-square-foot distribution center in Natalia, about 30 miles southwest of San Antonio. HDA Architects designed the $23 million facility, the site of which is situated adjacent to an existing Love’s Travel Stop. The facility will house a tire warehouse, temperature-controlled storage space and 5,500 square feet of office space. Building features will include two drive-up doors, 24 full docks and four overhead doors. Construction is underway and expected to be complete this fall.
MESQUITE, TEXAS — Lee & Associates has brokered the sale of a 14-acre industrial development site located at 19205 Lyndon B. Johnson Freeway in Mesquite, an eastern suburb of Dallas. Alex Wilson, Nathan Denton and Reid Bassinger of Lee & Associates represented the buyer, Houston-based developer Lovett Industrial, in the transaction. The seller and sales price were not disclosed. Specific plans for the site were also not disclosed.
MCKINNEY, TEXAS — Locally based brokerage firm Citadel Partners has arranged the sale of a 279,180-square-foot logistics facility in the northern Dallas suburb of McKinney. Scott Jessen and Andy Goldston of Citadel Partners represented the seller and developer, Atlanta-based Core5 Industrial Partners, in the transaction. Dan Spika of Henry S. Miller represented the buyer, United Pacific Industries, which will also occupy the facility. The automotive design and manufacturing firm plans to move in during the second quarter. The sales price was not disclosed.
DENTON, TEXAS — CBRE has brokered the sale of Coronado Villas, a 128-unit apartment complex in the North Texas city of Denton. The property was originally constructed in 1974 and was 99 percent occupied at the time of sale. Chris Deuillet, William Hubbard, Jaxx Davies and Matthew Pastrano of CBRE represented the seller, N.O.I.S.E. Ventures, in the transaction. Josh Berde, Andrew Woertendyke and Peyton Chur, also with CBRE, arranged acquisition financing on behalf of the buyer, Jordan Multifamily. The sale included a half-acre parcel that can support future development.