DALLAS — Texas-based investment firm SPI Advisory has acquired Ivy Urban Living, a 228-unit apartment community located just north of downtown Dallas. Built in 1988, the property offers one-, two- and three-bedroom units that are furnished with stainless steel appliances, quartz countertops, tile backsplashes and private balconies/patios. Amenities include a pool, fitness center, business center, pet park and access to package lockers. The seller and sales price were not disclosed.
SAN ANTONIO — A partnership between Chicago-based Remedy Medical Properties and San Antonio-based Medical Facilities Holdings has completed a 59,741-square-foot medical office building in San Antonio’s Westover Hills neighborhood. The facility, which includes an ambulatory surgery center for Physician Surgical Network Affiliates, features a 40-foot grand entrance lobby, four operating rooms and a café with patio seating.
THE WOODLANDS, TEXAS — Construction firm Webber LLC has signed a 46,164-square-foot office lease renewal at Hughes Landing, a 79-acre campus located about 30 miles north of Houston in The Woodlands. Jerrod McQuain, Paul Penland and Mark Reilly of JLL represented Webber in the lease negotiations. Robert Parsley, Norman Munoz and Jillian Fredericks of Colliers represented the landlord, The Howard Hughes Corp.
SAN ANTONIO — Partners Real Estate has arranged the sale of a 27,478-square-foot retail building located in the Mission San Jose neighborhood of San Antonio. According to LoopNet Inc., the property at 3371 Roosevelt Ave. was built on two acres in 1965. Phil Crane and Dan Gostylo of Partners represented the buyer, Garcia Properties Inc., in the transaction. Andrew Price of CBRE represented the undisclosed seller.
FORT WORTH, TEXAS — Marcus & Millichap has brokered the sale of Sycamore Village Shopping Center, a 26,148-square-foot retail property in Fort Worth. The site at 3515 Sycamore School Road spans 2.6 acres and is located on the city’s southwest side. Tenants at the property include Cricket Wireless, H&R Block and The UPS Store. Joe Santelli of Marcus & Millichap represented the undisclosed seller in the transaction.
NEW BRAUNFELS, TEXAS — Prudent Development has sold a 4,821-square-foot retail building in New Braunfels, a northeastern suburb of San Antonio, for $6.3 million. At the time of sale, the single-tenant building was leased on a triple-net basis to 7-Eleven. The store also features a Laredo Taco restaurant. Matthew Scow of Secure Net Lease represented the seller in the transaction. Mitch Stokes of Avison Young represented the buyer, a California-based investor that purchased the asset via a 1031 exchange.
CORPUS CHRISTI, TEXAS — Partners Real Estate has brokered the sale of a 66,196-square-foot office building located at 4646 Corona Drive in Corpus Christi. According to commercialcafé.com, the building was constructed on 3.3 acres in 1983. Gustavo Torres of Partners represented the seller, an entity doing business as 1950 Properties LLC, in the transaction. Additional terms of sale were not disclosed.
FORT WORTH, TEXAS — Chubby Gorilla, a provider of liquid packaging services, has signed a 54,915-square-foot industrial lease at Champions Business Park in Fort Worth. Reid Bassinger and Nathan Denton of Lee & Associates represented the landlord, Hopewell Development, in the lease negotiations. Sam Pruitt and Luke Harp of Site Selection Group represented the tenant.
IRVING, TEXAS — Locally based brokerage firm STRIVE has arranged the sale of Irvingate Center, a 29,962-square-foot retail center in Irving. The property was 86 percent leased at the time of sale. Hudson Lambert and Jason Vitorino of STRIVE exclusively represented the Dallas-based seller and procured the buyer, a California-based investor, in the transaction. Additional terms of sale were not disclosed.
HOUSTON — Locally based brokerage firm Finial Group has negotiated a 9,750-square-foot industrial lease renewal at 13014 Brittmoore Park Drive in Houston. According to LoopNet Inc., the single-tenant property was built in 2006. John Buckley and Doc Perrier of Finial Group represented the undisclosed landlord in the lease negotiations. The tenant was automotive parts and services provider Serious HP.
