ARLINGTON, TEXAS — QFC Industries, a Texas-based hardware supplier, has signed a 26,250-square-foot industrial lease at Forum 303 Crossing in Arlington. The company will occupy space at Building A, which spans 172,632 square feet, according to LoopNet Inc. Michael Stanzel of NAI Robert Lynn represented the tenant in the lease negotiations. Steve Koldyke of CBRE represented the undisclosed landlord.
Texas
IRVING, TEXAS — Stream Realty Partners has negotiated an 18,898-square-foot industrial lease at Jetstar Service Center, a 98,000-square-foot building located at 8181 Jetstar Drive in Irving. Ryan Boozer and Mac Hall of Stream Realty Partners represented the tenant, e-commerce firm Fulfillment by Eagle LLC, in the lease negotiations. Transwestern represented the landlord, Denver Third Creek LLC.
HOUSTON — NAI Partners has arranged the sale of a 10,656-square-foot industrial building located at 6921 Homestead Road in Houston. Zane Carman and Clay Pritchett of NAI Partners represented the buyer, TNT Equipment Co., an Ohio-based provider of scaffolding and construction rental equipment, in the transaction. Zack Taylor and Lawton Anderson of Moody Rambin represented the undisclosed seller.
FORT WORTH, TEXAS — Los Angeles-based CIM Group has acquired Junction 20/35, a 1.1 million-square-foot logistics center located at 7550 Oak Grove Road in south Fort Worth The property was built in 1989 and has been renovated several times over the years, most recently in 2018 to include freezer and cold storage space. The sale also included an adjacent 14.4-acre parcel. The seller was not disclosed.
FORT WORTH, TEXAS — Civitas Senior Living has completed construction of The Grandview of Chisholm Trail, a seniors housing community in southwest Fort Worth that features 66 assisted living units and 21 memory care residences. Partners on the project include co-developer Journey Capital, management company Civitas Senior Living, Arrive Architects, Ridgemont Commercial Construction and interior design firm Senior By Design.
DALLAS — Locally based investment firm 180 Multifamily Properties has purchased an undisclosed, 267-unit apartment community located in the central region of the Dallas-Fort Worth metroplex. The property was built in 1983 on 9.3 acres and spans 206,000 net rentable square feet. An undisclosed, California-based firm sold the property. The new ownership will implement a value-add program and rebrand the community.
CARROLLTON, TEXAS — Image Micro Spare Parts, a California-based provider of computer and printer parts, has signed a 42,415-square-foot industrial lease at Luna Distribution Center in the northern Dallas suburb of Carrollton. The property was built in 1998 and spans approximately 250,000 square feet. Eric Crutchfield and Mac Hall of Stream Realty Partners represented the tenant in the lease negotiations. The name and representative of the landlord were not disclosed.
HOUSTON — NAI Partners has brokered the sale of a 25,146-square-foot industrial property located at 7311 Galveston Road in southeast Houston. According to LoopNet Inc., the single-tenant, freestanding property was built in 1980. Clay Pritchett and Zane Carman of NAI Partners represented the buyer, Latitude 17 Holdings LLC, in the transaction. Hache Annamuhammedov and Andy Yaltir of Vita Realty represented the seller, Yilteks Warehouse LLC.
SOUTHLAKE, TEXAS — Holt Lunsford Commercial Investments has completed Southlake Business Park, a 182,000-square-foot industrial development located just north of DFW International Airport in Southlake. The property spans 12.6 acres and consists of three buildings with both front- and read-load configurations. Additional building features include 24- to 28-foot clear heights, 190-foot shared truck courts and a total of 244 automobile parking spaces. Holt Lunsford Commercial, the leasing arm of the developer, will market the property to users seeking anywhere from 13,000 to 100,000 square feet.
FORT WORTH, TEXAS — Locally based general contractor KWA Construction has broken ground on Phase II of Columbia Renaissance Square, a multifamily project that will add 120 independent living units for senior citizens to the local supply. Units will feature vinyl plank flooring, ceramic tile and carpeted bedrooms. Phase I of the project, which is being developed by Columbia Residential and Renaissance Heights Development Group, delivered 140 units, the majority of which were affordable housing residences. Phase II is expected to be complete in December.