WEATHERFORD, TEXAS — Texas Taco Cabana has purchased a 42,500-square-foot property from Weatherford I-20|Main St. for an undisclosed amount. The building is located in the Weatherford Ridge shopping center at the intersection of Interstate 20 and Main Street in Weatherford. John T. Evans Co.'s Dan Garrett represented the buyer. Jeremy Zidell of The Retail Connection represented the seller.
Texas
IRVING, TEXAS — Wel Cos. has signed a 69,839-square-foot industrial lease with ProLogis. The property is located at 9010 N. Royal Lane in Irving. Mitch Pruitt represented ProLogis internally. Greg Nelson of Lee & Associates represented the tenant.
SAN ANTONIO — Marcus & Millichap has brokered the sale of a 69-room Quality Inn Hotel for an undisclosed amount. The property is located in downtown San Antonio. Allan Miller of the firm's Austin, Texas, office represented the seller and the buyer, which were both limited liability companies.
HOUSTON — Sysco has acquired a 699,101-square-foot warehouse formerly occupied by Hewlett Packard from a private party for an undisclosed price. The property is located on 105 acres at 24500 Northwest Freeway in Houston. Sysco will move into the property, which will include a call center and offices for administrative staff, at the end of the year. J. Holmes Davis of Binswanger brokered the sale.
FORT WORTH, TEXAS — LG Electronics has leased 66,433 square feet of warehouse space at Hillwood's Commerce Center 4 property in the Alliance Global Logistics Hub. The tenant now leases the entire 165,402-square-foot property, which is located at 2153 Eagle Parkway in Fort Worth. LG first moved to the building in 2005. CB Richard Ellis' Seth Kelly and Ryan Keiser represented the tenant. Steve Aldrich represented Hillwood internally.
HOUSTON — Whitney National Bank has sold a 15,560-square-foot office building to Adrian Hernandez & Associates for an undisclosed amount. The property is located at 9543 Bissonnet St. in Houston. John S. Wall and Will Moss of The Situs Companies represented the seller.
SAN ANTONIO — A partnership between Urdang Value-Added Fund and Griffin Partners has sold two office buildings totaling 325,000 square feet to Segundo Navarro Office for an undisclosed price. The 194,399-square-foot Union Square I and the 131,186-square-foot Union Square II are located near the airport in San Antonio. The buildings have a combined occupancy of close to 95 percent. CB Richard Ellis' Todd Mills represented the sellers.
HOUSTON — Cadence McShane Construction Co. has completed 326,000 square feet of renovations and 30,000 square feet of new construction at Weingarten Realty Investors' ClayPoint 4 warehouse. The property is located in the 40-acre ClayPoint Distribution Park at the intersection of Clay and Hollister roads in Houston. Seeberger + Associates designed the project.
SOUTHLAKE, TEXAS — Timarron Venture of Dallas has acquired the 36,284-square-foot Village at Timarron shopping center from a private party for an undisclosed price. The property is located at the intersection of Southlake Boulevard and Byron Nelson Parkway in Southlake. Tenants at the center include Frost Bank, Spa D'Aroma, Studio A, Hexter Fair Title Co. and Duncan Cleaners. JC Burciaga of The Weitzman Group brokered the sale.
HUTCHINS, TEXAS — AS America has leased 626,100 square feet of warehouse space from Duke Realty in Hutchins. The property is located at 801 E. Wintergreen Road. CB Richard Ellis' Dave Anderson represented the tenant in the transaction. Duke Realty was represented internally.