GARLAND, TEXAS — Allied Insulation & Supply has relocated its headquarters with the lease of 40,000 square feet of office/warehouse space in Garland. Located at 850 South Jupiter Road, the space is located within the 170,731-square-foot Jupiter Distribution Center, which also houses a distribution center for Petco. Michael Herzstein and Pete Richardson of Henry S. Miller represented Allied Insulation, while Michael Peinado of Lincoln Property Company represented the owner.
Texas
HOUSTON — Bonner Investment Properties has purchased a 48,000-square-foot building at 7905 Blankenship in Houston. The seller, Antoine Investment, was represented by Joe MacDougall of Joe MacDougall & Co. Chris Kugle, John Ferruzzo and Dustin Gillioz of NAI Houston represented the buyer.
BAYTOWN, TEXAS — Arch-Con Construction has completed construction of a Candlewood Suites for Palms LLC. The 61,000-square-foot, 96-room extended-stay hotel is located at 1020 Maxey Drive in Baytown. The hotel offers amenities such as a business center, a laundry room and a gazebo, and each room comes equipped with a kitchenette complete with a refrigerator, a microwave and a dishwasher.
LEWISVILLE, TEXAS — Pet retailer PetSmart has leased 35,106 square feet of space, occupying a former Linens 'n Things space within Vista Ridge Village, a 373,437-square-foot center in Lewisville. Steve Lieberman and David Fazio of The Retail Connection, along with Craig Wielansky of L3 Corp., represented the tenant, while Jennifer Reynolds of JenCo Realty represented the landlord, PO'B Montgomery. Terms of the lease were not released.
SUGAR LAND, TEXAS — Opening Day Partners and the Sugar Land City Council will bring a $30 million minor league baseball stadium to Sugar Land, and it will open just in time for the 2012 season. In a Letter of Intent, Opening Day says it will sign a 20-year lease on the stadium with a 10-year renewal option. While a site has yet to be selected, potential locations include the interchange of U.S. Highway 59 and University Boulevard. In the offseason, the stadium will be used for concerts and other events. Funding for the project will come from sales tax revenues and a $5 million investment from Opening Day.
CORPUS CHRISTI, TEXAS — Trademark Property is brining three new tenants to La Palmera, the $50 million renovation of Padre Staples Mall located on South Padre Island Drive in Corpus Christi. A 2,480-square-foot Coach and a 3,635-square-foot Zumiez will open this summer. A 1,000-square-foot Aveda retail store is also on tap for summer (the 15,533-square-foot Aveda Institute Corpus Christi will open this fall).
HOUSTON — Marcus & Millichap has brokered the $1.61 million sale of a 4,201-square-foot Taco Cabana restaurant in Houston. The property is located at 5930 Gulf Freeway. The firm's Edward Benton and Glen Kunofsky brokered the sale.
AUSTIN, TEXAS — Ben E. Keith Beverages of Dallas has purchased 12 acres in Austin from an undisclosed party to build a $10 million, 85,000-square-foot facility. The property, which will be located on McKinney Falls Parkway, will include refrigerated space, office space and dry sales material storage. The company has also leased a 41,000-square-foot warehouse from Twin Oaks Associated in Austin. The property, which is located at 2325 E. Ben White Blvd., includes 15,000 square feet of refrigerated space and 4,200 square feet of office space.
HARLINGEN, TEXAS — HHS Rotec has leased an 80,000-square-foot warehouse in the Harlingen Industrial Park in Harlingen from an undisclosed landlord. The housing manufacturer could employ up to 200 workers at the site. The Harlingen Economic Development Corp. helped bring HHS Rotec to the city.
FORT WORTH, TEXAS — KAI Texas has been tapped to design a multi-million dollar renovation at 3520 E. Berry St. in Fort Worth. When completed, the 31,000-square-foot building will become the new home of the National Multicultural Western Heritage Museum. Exhibitions will highlight the area contributions of Native Americans, Hispanic Americans, African Americans and European Americans. Delivery is expected in 2013.