FRISCO, TEXAS — Hall Financial Group has renewed five leases at Hall Office Park, the company’s 162-acre office campus located in Frisco. IGPS Co. renewed and expanded its lease to 5,736 square feet at 6801 Gaylord Pkwy. Boyer Group renewed its lease for 3,335 square feet at 2601 Network Blvd. LifePath Systems renewed its leased for 2,561 square feet at 2611 Internet Blvd. NAPCO renewed its lease for 2,450 square feet at 2801 Network Blvd. Finally, Crown Energy renewed its lease for 1,521 square feet at 2591 Dallas Pkwy. Jean Farris and Tammy Lomonaco provided in-house representation for Hall Financial Group in each of the transactions.
ARLINGTON, TEXAS — Bob Moore Construction has completed Pioneer 360 Business Center, a 1.16 million-square-foot business park located along State Highway 360 in Arlington. The 70-acre property contains three buildings. Buildings A and B total 194,845 and 152,800 square feet, respectively. They are designed for warehouse, office, showroom and flex tech users requiring rear-loading capability. The buildings feature 24-foot clear ceiling heights and a combined 86 loading dock bays. Building C is an 815,820-square-foot, cross-docked distribution facility. It features 32-foot clear ceiling heights, more than 100 trailer storage spaces and 158 loading dock bays. The project is applying for the Gold level of LEED – Core & Shell certification, and is one of the first industrial projects in the state to register for the designation. The developer of Pioneer 360 Business Center is Flaherty Development, and the project architect was Alliance Architects.
HOUSTON — Marcus & Millichap has brokered the sale of a 3,390-square-foot, freestanding Burger King located in Houston. The property, which was built in 1990, is situated on 1.24 acres at 7801 Highway 6 North. Ed Benton and Monte Lowery of Marcus & Millichap’s Houston office represented the seller, a limited liability company. The buyer, a California-based private investor, was represented by Stephen Sauter of Marcus & Millichap’s Palo Alto, Calif., office. The acquisition price was not disclosed.
HARKER HEIGHTS, AUSTIN AND SAN ANTONIO, TEXAS — Five Guys Burgers & Fries has signed leases for three new restaurants in Texas. The locations consists of a 2,605-square-foot space within Market Heights Shopping Center in Harker Heights; a 2,497-square-foot restaurant located at 3208 Guadalupe in Austin; and a 2,208-square-foot location within Quarry Village Shopping Center in San Antonio. All three restaurants are scheduled to open this summer. Mike Minicucci, Robert O’Farrell, and Todd Wallace of SRS Real Estate Partners represented Five Guys in lease negotiations. Jennifer Hargis of Reata represented the landlord of Quarry Village and Megan Kneipp of Direct Development represented the landlord of Market Heights. Terms of the leases were not disclosed.
FRISCO, TEXAS — MillerCoors has signed a 5-year lease extension and expansion for 25,271 square feet of office space within Hall Office Park in Frisco. The company originally signed a lease in 2006 for 12,357 square feet at 2600 Network Blvd. The office is used as MillerCoors’ Southwest Region sales office. Jean Farris provided in-house representation for the landlord, Hall Financial Group. The tenant was represented by Bo Estes of Grubb & Ellis. Hall Office Park is a 162-acre office campus that is master-planned for 3 million square feet of Class A office space. It currently has space available in 15 different buildings.
HOUSTON — NAI Houston has arranged a lease for a 27,480-square-foot office building in Houston. Acosta Sales & Marketing Co. will occupy Building 5 at 5050 Westway. NAI’s Griff Bandy and Dan Boyles, along with Bill Knight of GVA-Atlanta, represented the tenant. The landlord, Panattoni Development Co., was represented in-house by Justin Bennett and by John Pruitt, Kristin Rabal and Jessica Ochoa of CB Richard Ellis. Terms of the lease were not disclosed.
DALLAS AND SAN ANTONIO — The Dallas office of Grubb & Ellis has been selected as leasing agent for the office component of Mercer Crossing, a 1,200-acre mixed-use development located in Dallas. The assignment consists of 1.8 million square feet of Class A office space in three separate office parks. Fenton Centre is located at 1501-1507 LBJ Freeway and comprises two seven-story office buildings. Browning Place is located at 1601-1607 LBJ Freeway and consists of three eight-story office buildings. Hickory Center consists of one eight-story building and two four-story buildings. Grubb & Ellis’ leasing team for the project includes Kathy Permenter, Russ Johnson and Heather Shover. The office component of Mercer Crossing is currently 63.5 percent leased. In addition, Grubb & Ellis’ San Antonio office has been awarded the management assignment for Tesoro Corporation’s new 618,000-square-foot corporate headquarters, located within Ridgewood Park in San Antonio. Situated on 15 acres, the campus includes a 14-story tower and a 6-story mid-rise building, both of which are connected by a main lobby, as well as a 2,400-space parking garage. The management team consists of Eric Forshee, Baryn Mieure, Kris Weideman and Mark Upton. Tesoro will take occupancy of the property in June.
HOUSTON — NAI Houston has brokered the purchase of a newly constructed, 50,740-square-foot industrial building located at 8550 Telephone Rd. in Houston. NAI’s Chris Caudill and Joel Michael represented the buyer, Metal Works Properties. The seller, Cerda Corp., was represented by Stuart Rosen of Greater Houston Commercial Properties. The acquisition price was not disclosed.
HOUSTON — The Woodlands, Texas-based LMI Capital has arranged $3.7 million in acquisition financing for Forest Pointe Apartments, a 270-unit multifamily community located in Houston. LMI’s Brandon Brown secured the loan, which carries a fixed interest rate. The borrower and lender were undisclosed.
DALLAS — Bank of New York Mellon has signed a long-term lease extension for the approximately 78,500 square feet of office space it occupies at Bryan Tower, a 40-story, Class A office tower located at 2001 Bryan St. in Dallas. The tenant’s lease covers three floors of the building. The renewal marks the largest lease transaction in Dallas’ central business district so far this year. Jones Lang LaSalle represented Bank of New York Mellon, as well as the tenant, Spire Realty Group, in lease negotiations. Spire acquired the 1.1 million-square-foot Bryan Tower in 1998 and has since completed $30 million in upgrades to it.