Texas

THE LAUNDRY COMING TO WEST 7TH IN FORT WORTH

by admin July 2, 2012

FORT WORTH — The Laundry, a dry-clean drop-off station owned and operated by Fort Worth businesswoman Marilyn Bevan, has plans to open a 963-square-foot location at West 7th, a mixed-use development located at the southeast corner of University Drive and West 7th Street in Fort Worth. The facility will also house a tailoring shop that will be managed by Reata Alterations owner Brian Overstreet. Frank Bullock and Carey Shagets of SRS Real Estate Partners represented the landlord, Cypress Equities, in the lease transaction. Rodger Chieffalo of Chieffalo Realty represented the tenant.

July 2, 2012

UNIVERSITY OF HOUSTON OPENS $31.2M LAB, BEGINS EXPANSION

by admin June 29, 2012

HOUSTON — Hoar Construction has completed the $31.2 million, 78,000-square-foot University of Houston Science Teaching Lab building and is planning to add 12,000 square feet of research space to the facility. Hoar will complete the unfinished shell space on the fourth floor of the property. Each teaching lab of the facility includes six workstations, fume hoods, instrumentation benches, locked drawers for personal lab supplies, multi-media capabilities and a lounge on each floor. The construction is part of the Board of Regents' pursuit of Tier One status, which The Carnegie Foundation granted in January 2011. The pursuit included $240 million of construction projects to the university.

June 29, 2012

Retail Texas

S&P BREAKS GROUND ON $10.5M SAM'S CLUB

by admin June 29, 2012

CORPUS CHRISTI — Wal-Mart Stores Inc. has awarded a contract to Satterfield & Pontikes Construction (S&P) to construct a $10.5 million, 139,000-square-foot Sam's Club store, located on South Padre Island Drive in Corpus Christi. Construction is under way and the project is slated for a spring 2013 completion. The construction includes the demolition of an existing Walmart store, asphalt paving and storm water requirements with erosion controls. Raymond Harris & Associates designed the facility. S&P has constructed more than 6 million square feet totaling more than $250 million on behalf of Wal-Mart Stores Inc.

June 29, 2012

Retail Texas

S&P BREAKS GROUND ON $10.5M SAM'S CLUB

by admin June 29, 2012

June 29, 2012

Multifamily Texas

TRANSWESTERN BROKERS GROVE PARKS APTS. SALE

by admin June 29, 2012

SAN ANTONIO — Transwestern has arranged the sale of the 360-unit Grove Park Apartments, located at 2566 Goliad Road in San Antonio's South Central submarket. The apartment community features two swimming pools, laundry facilities and open barbeque grilling areas. Jeff Rogers, Alan Grilliette and Chris Stutzman of Transwestern's San Antonio office represented the seller, Tritex Real Estate Advisors II, in the transaction. The buyer was Houston-based T-4 Housing Interests Management.

June 29, 2012

Multifamily Texas

BEECH STREET SECURES $26M FANNIE MAE LOAN

by admin June 29, 2012

IRVING — Beech Street Capital has arranged a $26 million Fannie Mae Structured ARM loan to refinance the 504-unit Shadows of Cottonwood, a multifamily community located in Irving. The apartment community features three pools, a spa, outdoor grills, picnic area, business center, a clubroom and covered parking. Kristen Croxton and Greg Reed of Beech Street's Newport Beach, Calif., office arranged the loan on behalf of the borrower, Buchanan Street Partners. Croxton and Reed also secured a third party interest rate cap from Greystar Real Estate Partners.

June 29, 2012

Industrial Texas

WESTMOUNT PURCHASES 1.13M SF DISTRIBUTION CENTER

by admin June 28, 2012

GARLAND — Dallas-based Westmount Realty Capital has purchased the 1.13 million-square-foot Garland Business Park, a dry storage and freezer/cooler distribution center located at 2600 McCree Road in Garland. Westmount plans to rebrand the center as Garland Logistics Park and will budget as much as $12 million during the next three years for renovations and upgrades. The distribution center is currently 70 percent leased.

June 28, 2012

Texas

STREAM DATA CENTERS BREAKS GROUND IN THE WOODLANDS

by admin June 28, 2012

THE WOODLANDS — Stream Data Centers has started construction on a 73,320-square-foot data center, located in The Woodlands. The data center is being designed to meet LEED Gold standards, and is slated for an April 2013 completion.

June 28, 2012

Hospitality Texas

EMBASSY SUITES OKLAHOMA CITY COMPLETES $5.5M RENOVATION

by admin June 28, 2012

OKLAHOMA CITY — A $5.5 million renovation of the 236-room Embassy Suites Oklahoma City — Will Rogers World Airport, located at 1815 S. Meridian Ave. in Oklahoma City, is now complete. The hotel features 12,000 square feet of renovated meeting space including a 5,940-square-foot ballroom, the Atrium Restaurant, The Landing Bar and Grill, a fitness center, an indoor swimming pool and a 24-hour business center.

June 28, 2012

Retail Texas

WEITZMAN GROUP BROKERS HIGHLAND QUARRY SALE

by admin June 28, 2012

MARBLE FALLS — The Weitzman Group has arranged the sale of the 7,852-square-foot Highland Quarry Shopping Center, located at 1304 N. Highway 281 in Marble Falls. The center features tenants such as Anytime Fitness, a tanning salon and a nail salon. Brad Bailey and Logan Reichle of The Weitzman Group represented the seller, an Austin-based investment group, in the transaction. The buyer was an Austin-based partnership.

June 28, 2012

Newer Posts

Older Posts

Upcoming Events

Jun
25