BRYAN, TEXAS — Woodside Health, a Cleveland-based private equity healthcare real estate firm, has purchased a 126,059-square-foot medical office building in the Central Texas city of Bryan. Built in 1999 and known as The Physicians Centre, the four-story building is attached to a private specialty hospital and was leased to 37 tenants at the time of sale. The seller and sales price were not disclosed.
HOUSTON — Tri Point Homes has signed a 24,000-square-foot office lease renewal in West Houston. The space is located within Atrium at Park Ten, a three-story, 140,000-square-foot building in the Energy Corridor area. Florida-based investment firm Accesso owns Atrium at Park Ten. Both parties were self-represented in the lease negotiations.
SAN ANTONIO — Bank of America has renewed its 17,633-square-foot office lease at 5201 Broadway in San Antonio. The space is located in the Alamo Heights area on the city’s north side. Roger Hill of Partners Real Estate represented the undisclosed landlord in the lease negotiations. The tenant representative was also not disclosed.
DALLAS — New York-based Fortis Property Group has begun the multimillion-dollar renovation of a 55-story office building in downtown Dallas. Dallas Arts Tower, formerly known as Chase Tower, is located at 2200 Ross Ave. and spans 1.2 million square feet. Renovations will include a transformation of the main lobby and second-floor mezzanine lounge area with new flooring, lighting and furniture, as well as upgraded elevators. A new, all-day café with outdoor seating will be added in the northwest corner of the lobby, and the project team will also introduce a new LED lighting system and valet parking services. Fortis has tapped Stream Realty Partners to lease the property.
EL PASO, TEXAS — Atlanta-based brokerage firm Hunter Hotel Advisors has arranged the sale of the 139-room Hampton Inn & Suites El Paso-Airport. The four-story building is located about 1.5 miles from El Paso International Airport and offers amenities such as a fitness center, business center and an outdoor pool. The buyer was Dallas-based Nexgen Management, and the seller was an undisclosed institutional investment firm. Kami Burnette and Mason McDavid of Hunter Hotel Advisors brokered the deal.
ARLINGTON, TEXAS — Lee & Associates has brokered the sale of an 88,821-square-foot industrial building in Arlington. According to LoopNet Inc., the building at 840 N. Great Southwest Parkway was completed in 1962 and features 21.5-foot clear heights and eight dock-high loading doors. Corbin Blount of Lee & Associates represented the buyer, Philadelphia Hardware Group, in the transaction. Harrison Putt and Corby Hodgekiss of Mercer Co. represented the seller, locally based investment firm CanTex Capital.
RHOME, TEXAS — Bronto Skylift, a Finnish company that provides truck-mounted hydraulic platforms, has signed a 31,500-square-foot industrial lease in Rhome, located northwest of Fort Worth. According to LoopNet Inc., the building at 167 Lion Court sits on an 8.8-acre site and was completed earlier this year. Mark Boone of LanCarte Commercial represented the undisclosed landlord in the lease negotiations. Devin Kopas of ETHOS Commercial Advisors represented the tenant, which is relocating from Orlando.
HOUSTON — Stream Realty Partners has negotiated a 23,130-square-foot industrial lease expansion at 525 Julie Rivers Drive in southwest Houston. According to LoopNet Inc., the 45,516-square-foot building was completed in 1983. Will Mason and Tyler Maner of Stream Realty Partners represented the tenant, Marquis Distributors, in the lease negotiations. Boone Smith, Garret Geaccone and Natalie Gilbert, also with Stream, represented the landlord, Oxford Properties.
IRVING, TEXAS — Boston Capital Real Estate Partners (BCRE) has acquired Camden Cimarron, a 286-unit apartment complex in Irving. Built in 1992, the garden-style property features two- and three-story buildings on an 11-acre site. Units have an average size of 772 square feet and are equipped with individual washers and dryers and private balconies/patios. Amenities include a pool and a fitness center. Joey Tumminello, Michael Ware, Drew Kile, Taylor Hill and Shelby Clark of Institutional Property Advisors, a division of Marcus & Millichap, represented the seller, Houston-based REIT Camden Property Trust, in the transaction. The team also procured BCRE as the buyer.
CARROLLTON, TEXAS — Henry S. Miller Brokerage (HSM) has negotiated the sale of Mills Pointe Shopping Center, a 127,000-square-foot retail property located in the northern Dallas metro of Carrollton. Fitness Connection anchors the center, which according to LoopNet Inc. was built on 16.7 acres in 1985 and is also home to tenants such Mena’s Mexican Restaurant, Quinlan’s Sports Bar and Lin’s Asian Buffet. Darrell Hurmis of HSM represented the seller, HSM Mills Pointe Partners, in the transaction. The buyer and sales price were not disclosed.