FORT WORTH, TEXAS — Dallas-based brokerage firm Holt Lunsford Commercial has negotiated a 217,537-square-foot industrial lease at Everman Trade Center, a four-building development located near Interstates 20 and 35 in Fort Worth. Everman Trade Center features 24- to 32-foot clear heights, 621 car parking spaces and ESFR sprinkler systems. Matt Carthey and Thomas Grafton with Holt Lunsford Commercial represented the landlord, Everman Trade Center LP. Jamie Galati and Sky Groden with JLL represented the tenant.
AMARILLO, TEXAS — The Multifamily Group (TMG), a Dallas-based brokerage firm, has arranged the sale of Morton Place, a 168-unit community in Amarillo that also includes 116 storage units. The property features one- and two-bedroom units and amenities such as two pools, outdoor picnic areas, a fitness center and a business center. Paul Yazbeck, Jon Krebbs, Bryce Smith and Chibuzor Nnaji Jr. of TMG represented the Dallas-based seller in the transaction. The buyer was undisclosed.
CYPRESS, TEXAS — Ohio-based healthcare investment firm Woodside Health has purchased Fairfield Plaza, an 83,000-square-foot medical office complex in Cypress, a northwestern suburb of Houston. Built on 9.4 acres in 2014, the property includes retail space and was 93 percent occupied at the time of sale. David Carter of Colliers International represented the seller, Radler LP, in the transaction. Beth Young, also with Colliers, represented Woodside Health.
DALLAS — Greysteel has brokered the sale of 2014 Bennett, a 50-unit multifamily community located in the Knox-Henderson area of Dallas. The property was built in 1971. Doug Banerjee and Andrew Mueller of Greysteel represented the undisclosed seller and procured the buyer, an out-of-state investor. Additional terms of sale were not disclosed.
OKLAHOMA CITY — Arkansas-based Plunkett Distributing has signed a 32,978-square-foot industrial lease at 4001 Will Rogers Parkway in Oklahoma City. Jason Hammock, John Lenochan, Caitlin Mazaheri and Alex Powell of CBRE represented the landlord, Ted R. Davis LLC, in the lease negotiations. The representative of the tenant was not disclosed.
TULSA, OKLA. — Alliant Credit Union has provided a $61.9 million acquisition loan for a seven-property, 1,540-unit multifamily portfolio in Tulsa. The loan was structured with an 80 percent loan-to-value ratio. The borrower was not disclosed. Gershon Friedman of Meridian Capital’s Chicago office placed the debt with Alliant Credit Union.
AUSTIN, TEXAS — Marcus & Millichap has brokered the $36.2 million sale of a portfolio of five Candlewood Suites hotels totaling 517 rooms in Texas and Oklahoma. Two of the assets are located in San Antonio and Midland, and the other three are located in the Oklahoma cities of Lawton, McAlester and Bartlesville. Allan Miller and Chris Gomes of Marcus & Millichap represented the seller, KJ Properties LLC, and procured the buyer, a Texas-based investment firm.
SAN ANTONIO — Hospitality Real Estate Counselors (HREC) has arranged the sale of the 384-room Hilton San Antonio Airport hotel. The property is located less than a mile from San Antonio International Airport and offers a pool, fitness center, business center and meeting space. Mike Armstrong and Arnold Armstrong of HREC handled the transaction. Both the buyer and seller were not disclosed.
AUSTIN, TEXAS — Rastegar Property Co. has acquired Highland Heights, a 50-unit multifamily asset located near Interstate 35 and U.S. Highway 290 in North Austin. The property offers one- and two-bedroom units and amenities such as an outdoor courtyard and onsite laundry facilities. The seller was not disclosed. Rastegar will implement a value-add program at the property.
AUSTIN, TEXAS — 3405 Helms Street LLC has sold 34@Helms Apartments, an 18-unit multifamily property in Austin. The property is located about six blocks from the University of Texas at Austin and two miles from the downtown area. The property recently underwent a capital improvement plan that upgraded the units’ hardware, backsplashes and cabinets. Muskin Commercial LLC brokered the sale of the asset to the buyer, Helms Eagle LLC.