The Week in Deals
LEASES
AmeriPac leased 163k SF at 1011 N 28th Ave in Irving from Industrial Properties Texas, a subsidiary of GE Capital Real Estate (which was represented by Gregg Hamill). Cassidy Turley's Blake Anderson and David Eseke repped the tenant.
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Impex Forwarding Agency inked a 32k SF lease at 2401-2407 Centennial Dr in Arlington from First Industrial Realty Trust. Lee & Associates' Becky Thompson represented the tenant. CBRE's Kacy Jones and Wilson Brown represented the landlord.
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NAI Robert Lynn brokers worked three leases including:
- XPS Solutions leased 18k SF at 2703 Telecom Pkwy in Richardson. Dave Peterson, James Davis, and Tom Lynn represented the landlord.
- HD Supply leased 22k SF at 4400 US Hwy 80 in Mesquite. Stephen Cooper repped the landlord. CBRE's David Easterling represented the tenant.
- Senox Corp leased 189k SF at 227 S Town East Blvd in Mesquite. Stephen and Mark Miller along with Newmark Knight Frank's David Lachoff repped the landlord.
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Spirit Life Church International renewed 12k SF at 2805 Market Loop in Southlake. Silver Oak Commercial Realty's LeAnn Brown repped the landlord. Providential Realty Partners' Max Schwartzstein represented the tenant.
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United Fashions of Texas leased 10k SF at 1235 S Josey Ln in Carrollton from Carrollton Park II. Hudson Peters Commercial's Elizabeth Ocando repped the landlord. Abe Charski Interests' Abe Charski repped the tenant.
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Contech Engineered Solutions inked a 10k SF lease at 2201 W Royal Ln in Irving from the Koll Co. PM Realty Group's Kurt Cherry and Ben Appleby repped the landlord. Cassidy Turley's Donald Murphy repped the tenant.
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Filpack Products leased 14k SF at 4310 Adler Dr in Dallas from Anford Pinnacle. Bradford's Brian Pafford and Jason Miller repped the landlord in the direct deal.
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Darling Homes leased 19k SF at 2500 Legacy Rd in Frisco. Myers Commercial's Bob Myers repped the tenant. CBRE's Rick Rensi repped the landlord.
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SourceHOV leased a 70k SF HQ at 615 Freeport Pkwy in Coppell from Texas Dugan Limited Partnership. CBRE's Dolores Wood-Euart repped the tenant. Duke Realty's Randy Wood repped the landlord. CBRE is assisting in the search for an additional 200k SF warehouse facility to further support client requirements.
FINANCING
HFF arranged $100M in financing for the 1.3M SF Class-A Tower at Cityplace at 2711 N Haskell Ave. HFF worked exclusively for borrower, Parmenter Realty Partners, to secure a loan through GE Capital Real Estate to acquire the asset with a future funding component for leasing and capital expenditures. The 45-story tower is 69% leased. The HFF team was led by senior managing director John Brownlee and associate director Jim Curtin.
SALES
Texas Industrial Development purchased 98k SF at 12626 International Pkwy in Dallas. Transwestern's Steve Rowland and Joe Whitmer represented the buyer. In another Transwestesrn deal, Rhett Realty Investors sold 466k acres at 1807 Keller Pkwy in Keller. Ben McBroom and Jim Sager repped the seller.
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LDF Silk purchased a 16k SF building at 1107 Slocum St in Dallas. NAI Robert Lynn's Robert Blankinship repped the buyer.
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Cabot II sold a 470k SF property on 19 acres at 2625 Belt Line in Carrollton to GH Techridge Five. CBRE's Jack Fraker, Josh McArtor, Jonathan Bryan, and Heather McClain Venegoni repped the seller.
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G G Squared purchased an 18k SF warehouse at 12500 Schroeder Rd in Dallas. The seller was repped by NAI Robert Lynn's Stephen Cooper and Chad Albert. Hudson Peters Commercial's Scott Jackson repped the buyer.
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Sapience Partners sold a 43k SF two-story office building at 1320 Tennis Dr in Bedford to Calvert Family Holdings. Bradford's Karen Simon and Erik Blais repped the seller. Keep Real Estate Holdings' Josh Born repped the buyer.
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Behringer Harvard Bowen Rd sold 41 acres at 4950 S Bowen Rd in Arlington to Charter School Fund II. SCM Real Estate Services' Gary Walker and Renee Efimoff repped the seller. Vanguard Commercial Group's Jamie Leonie repped the buyer.
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An LLC sold the 19k SF Rowlett Plaza at 5000 Rowlett Rd in Rowlett to an undisclosed buyer. Marcus & Millichap Real Estate Investment Services' Chris Gainey and Philip Levy repped the seller. The center is 77% occupied, and all leases are triple-net.
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Team Taylor Investments purchased a 24k SF building at 1210 Metro Park Blvd in Lewsiville. Lee & Associates' Mark Graybill represented the buyer,. The seller, Britestar Group, was represented by Henry S. Miller Brokerage's Dan Spika.
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Kinecta Federal Credit Union sold the fully leased 15k SF mixed-use office/retail condo at 99 Main St in the Village at Colleyville to CCI-Colleyville I. Silver Oak Commercial Realty's LeAnn Brown represented the seller. Property management will be handled by PM Realty Group.
