The Week in Deals
LEASES
London-based Barclays Bank will move in this fall to its newly leased 40k SF Class-A office space at 6800 Weiskopf Ave at Craig Ranch in McKinney. The building, the McKinney Corporate Center 1, was developed by VanTrust Real Estate. JLL’s Russell Cosby and Andy Leatherman repped Barclays.
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Stream Realty Partners’ Seth Korshak teamed up with several colleagues to ink 209k SF of lease deals including:
- Natural Brands leased 17k SF at 12798 Perimeter in Dallas. Seth and Eric Crutchfield repped the landlord, DRA Advisors. Mitchell Terry repped the tenant.
- Texas Assault Volleyball renewed its 30k SF lease at 12750 Perimeter in Dallas. Seth and Eric repped the landlord, DRA Advisors. Transwestern’s Joe Whitmer repped the tenant.
- The Cabinet Maker leased 17k SF at 2110 Hutton in Carrollton. Seth and Luke Davis repped the landlord, First Industrial. Kevin Finch repped the tenant.
- Gulf South renewed its 145k SF lease at 510 Peachtree in Mesquite. Seth and Cannon Green repped the landlord, Clarion. CBRE’s Nathan Lawrence repped the tenant.
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Stone Channel renewed 43k SF of showroom and warehouse space in Coppell Business Center II at 1441 S Belt Line Rd in Coppell. Bradford’s Brock Wilson and Joe Santaularia repped the tenant. Lincoln Property Co’s Michael Peinado repped the landlord, Columbia Texas Beltline Industrial.
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Waste Track Services leased 20k SF at 4949 Calvert St in Dallas from Denley Investment & Management Co. Bradford’s Will Dillard repped the tenant. Wellington Realty’s Jack Allen repped the landlord.
NEW CONSTRUCTION
KTR Capital Partners plans a new spec project with two buildings totaling 335k SF at South Kimball Avenue and SH 26, across from Dragon Stadium in Southlake. MYCON General Contractors will be the contractor on Heritage Business Park. Alliance Architects is the architect on the project. The new spec construction of building 8 and building 9 on the site will add a 134k SF building with a 29-foot clear height and 45 dock doors, as well as a 201k SF building with 29-foot clear height and 49 dock doors. The project is slated for completion in May.
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Chicken E’s 90k SF cold storage distribution center in the new HighPoint Business Park in Burleson was recently completed by Bob Moore Construction. The site will serve Chicken Express, which has 200 locations in Texas, Oklahoma, Georgia, Arkansas, and Louisiana.
SALES
CR Midway Investments purchased an acre at the southeast corner of Hwy 380 and Graves in McKinney from Winco Foods to build small strip center with Schlotzsky's and several other tenants. John T. Evans Co’s Jim Jamerson repped the buyer. Venture Commercial’s Kevie Beard and Theo Thompson repped the seller.
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Moran 1871 purchased 31k SF of land at 125 Davis Blvd in Southlake. John T. Evans Co’s Chad DuBose repped the seller.
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The Cantrell Co's Sam Pettigrew and Thomas Hooke Jr sold the 200-unit Eagles Landing Apartments at 238 E Oates Rd in Garland and the 82-unit Buena Vida Apartments at 2722 S Buckner Blvd in Dallas. The duo repped Post MAG PCF and Buckner Apartments, respectively. Parque Del Sol acquired Eagles Landing. Buena Redevelopment acquired Buena Vida Apartments.
THIS & THAT
BOMA Dallas hosted its annual sporting clays tournament at Elm Fork just before the Labor Day holiday. Here’s former BOMA Dallas prez Ray Mackey (Peloton) and young professionals committee chairman Jonathon Jones (Hunt Office management) between shooting. Team winners include Structure Tone Southwest (first), Alpha Glass & Mirror (second), and Pavecon (third). Structure Tone Southwest was also the corporate challenge winner. Top male shooter was Aaron Stearns and top female shooter was Joanne Massey.
EXECUTIVE PEOPLE
Peloton Land Solutions promoted Randy Alexander to principal at Peloton’s HQ in Fort Worth. He joined Peloton in 2010 as the senior environmental scientist and office manager. Randy’s clients range from local municipalities, to land developers, energy exploration and production companies.
