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Friday, January 22, 2021

Mansfield groundbreaking paves way for imaging center

Mansfield groundbreaking paves way for imaging center

Ground was recently broken for the Alexander Medical Pavilion in Mansfield, with developers, city and hospital officials celebrating the planned 15,000-square-foot medical facility, which is set to open next spring.

“I think an outpatient radiology center is something that’s been needed for a while,” said Dr. Gary Alexander, who funded the $3 million facility through private investors and construction loans from Mansfield Community Bank.

Alexander’s practice will occupy part of the building at 2875 E. Broad St. and Methodist Health System will be the anchor. Methodist will use its space to develop the Methodist Mansfield Outpatient Imaging Center.

Linear is project architect, landscape architect and design firm. Four Corners Building Co. is the contractor.

HEARTIS ARLINGTON PLANS

81-UNIT SENIOR HOUSING

Heartis Arlington promises North Texas an 81-unit assisted living and memory care community when it opens in spring 2016 at 3424 W. Interstate 20.

Spearheaded by Caddis, a health care and real estate firm, Heartis will offer a single-story, 67,000-square-foot facility featuring outdoor walking paths, game and activity rooms and a beauty-barber shop, among other amenities.

Frontier Management will manage the facility. Austin-based Pi Architects Inc. is lead architect and the Dallas office of Weis Builders is general contractor. Construction debt financing is being provided by UMB Bank NA of Kansas City, Mo.

Caddis launched its senior living brand, Heartis, in early 2013. In addition to Arlington, the company has facilities open or under construction in Fort Worth, Cleburne, Waco, San Antonio and other Texas cities.

Caddis will own Heartis Arlington upon completion.

THE RIDGE, SHADOWOOD

APARTMENTS IN FW SOLD, RENOVATIONS PLANNED

The Ridge and Shadowood apartment complexes in Fort Worth have been sold to unidentified buyers.

Al Silva of Marcus & Millichap Real Estate Investment Services’ Fort Worth office marketed both properties on behalf of the Texas-based sellers. Silva also secured the buyers.

The Ridge offers 208 units in 14 buildings at 8925 Randol Mill Road. The new owner plans to renovate the property.

Shadowood offers 52 units at 6701 Calmont Ave. Its Texas-based buyer also plans to renovate the property.

GRAPEVINE, DALLAS FIRMS

PLAN MCKINNEY DEVELOPMENT

2GR Equity of Grapevine and Dallas-based Wynne/Jackson have joined forces with plans to develop more than 300 homes in McKinney.

Under the new joint venture, the Grapevine real estate investment firm and the Dallas-based real estate development company acquired about 124 acres in McKinney for a two-phase development that is planned for up to 316 single-family residential lots. The city of McKinney has already approved the preliminary plat.

Homebuilders Grand Homes and Shaddock Homes have executed contacts for all lots in Phase I of the project.

SALES

707 Group LLC has sold a 17,670-square-foot industrial building at 707 W. Vickery Blvd. in Fort Worth to Churchill Properties. Jack Huff and Kyle Poulson of Transwestern represented the seller. Will Martin represented the buyer.

William A. Dobbins and Kay S. Dobbins have sold a 1,852-square-foot retail building at 2906, 2908 and 2912 N. Main St. in Fort Worth to American Buffalo Properties LLC. Todd Hawpe and Trey Neville, both of Transwestern, represented the seller and buyer, respectively.

MPC Rosedale has purchased 33,353 square feet of land at 2100 W. Rosedale St. in Fort Worth. Ben McBroom of Transwestern represented the buyer.

Glen D. and Lisa A. Brooks have sold a 13,541-square-foot industrial building at 2900 Cullen St. in Fort Worth to Overhead Garage Door LLC. Alex Bryant of Transwestern represented the buyer.

Mark S. Criswell has sold a 1,103-square-foot building at 3986 W. Vickery Blvd. in Fort Worth to Kyle and Brooke Wright. Trey Neville and Amber Calhoun of Transwestern represented the buyer.

Ruisseau Village in Plano has been sold to a California buyer. The 124,567-square-foot shopping center is at the northwest corner of West Parker Road and U.S. Highway 75. Pierson Retail Advisors represented the seller, West Plano Retail LLC, with Jennifer Pierson and Beth Pierson arranging the sale.

Progressive Laboratories Inc. has sold the 35,050-square-foot Las Colinas Distribution Center at 1909 Hereford Dr. in Irving to Chris Weir Commercial Enterprises LLC. Brock Wilson and Joe Santaularia, both of Bradford Commercial Real Estate Services, represented the seller. Rick Medinis of NAI Robert Lynn represented the buyer.

Frem Investments Texas LLC has sold a 14,440-square-foot retail building at 2801 E. Division St. in Arlington to Arlington Acquisitions LLC. Jeff Givens and Joe Rudd of Transwestern represented the seller.

TMM Solona LLC has sold a 15,930-square-foot industrial building at 6300 Airport Freeway in Haltom City to RLM Real Estate Ltd. Jeff Givens and Todd Hawpe of Transwestern represented the buyer.

Nancy C. Good has sold a 17,700-square-foot industrial building at 1202 Antler Drive in Mansfield to Huff Holdings LLC. Todd Hawpe and Grant Huff of Transwestern negotiated the transaction.

Ciera Bank has sold a 5,417-square-foot office building at 4304 Tate Springs Road in Arlington to Tappinc. Kirk Kelly of Transwestern represented the seller.

Timothy C. Williams has sold .85 acres at 1912 CR 904 in Cleburne to 3S&W LLC. Sarah LanCarte of Transwestern represented the seller.

LEASES

First Financial Bank has extended its lease for 3,249 square feet of office space at 550 Bailey Ave. in Fort Worth with DIP SPV Co. 9 LLC. Whit Kelly of Transwestern represented the landlord.

BOMAC Partners has purchased 1.53 acres at 5300 S. Hulen St. in Fort Worth for a future restaurant site. John T. Evans Co.’s Chad DuBose represented the seller.

Willbros has leased 3,526 square feet at the Oncor Electric Delivery building, 115 W. Seventh St. in Fort Worth, according to Xceligent Inc. Theron Bryant and Casey Tounget of Coldwell Banker Commercial Alliance-DFW represented the landlord.

Fuzzy’s Taco Opportunities LLC has signed an office lease for 6,936 square feet in Park Plaza at 2501 Parkview Drive in Fort Worth with Woodcrest Plaza 2001 LP. Grant Huff and Kelly Whaley of Transwestern represented the tenant.

Ken Davis Finance Ltd. has signed a lease for 2,937 square feet at 777 Main St. in Fort Worth with F7 SSSM LLC. Whit Kelly of Transwestern represented the landlord.

Capital Tow Inc. has signed a lease for 7,000 square feet at 300 Blue Smoke Court W. in Fort Worth with R2D2 Investments Ltd. Todd Hawpe and Davy Wright of Transwestern represented the landlord.

Dawn Dillon has signed a lease for 413 square feet at 3108 W. Sixth St. in Fort Worth with Ivy Rod Enterprises LLC. Kirk Kelly of Transwestern represented the landlord.

Abels Fine Furniture Movers Inc. has signed a lease for 20,000 square feet of industrial distribution space at 9301 S. Freeway in Fort Worth with Jackpenn Corp. Sarah LanCarte of Transwestern represented the landlord.

Global Packaging has leased 54,419 square feet at Northern Crossing Business Park, building C, 3001 Northern Cross Blvd. in Fort Worth, according to Xceligent Inc. Todd Hubbard and Mark Miller of NAI Robert Lynn represented the tenant. Donnie Rohde and Matt Carthey of Holt Lunsford-Fort Worth represented the landlord.

Shear Steel Salon has leased 3,200 square feet at Foch III, 1053-1079 Foch St. in Fort Worth, according to Xceligent Inc. Rodger Chieffalo of Chieffalo Realty represented the landlord.

Wild Acre Brewing Co. has leased 26,467 square feet at 1734 E. El Paso St. in Fort Worth, according to Xceligent Inc. Ryan Wood of Conti Warehouses represented the landlord.

Burke’s Outlet has leased 23,500 square feet at Ridgmar Town Square, 1255-1265 Green Oaks Road in Fort Worth, according to Xceligent Inc. Clay Graham of Fox Graham represented the tenant. Earl Harris of Centennial Retail Services represented the landlord.

HighPeak Energy has leased 18,071 square feet at The Cargegie, 421 W. Third St. in Fort Worth, according to Xceligent Inc. Bob Scully and Blake Lloyd of CBRE-Fort Worth represented the landlord.

Stracom Inc. has leased 7,850 square feet at Mira Vista Commons, 6100 Southwest Blvd. in Fort Worth, according to Xceligent Inc. John Casburn and Chris Stewart of Vasseur Commercial Real Estate Inc. represented the landlord.

Anytime Fitness has leased 4,345 square feet at Westover Village, 635-677 Sherry Lane in Fort Worth, according to Xceligent Inc. Chris Corbin and Michael Dearden of Venture Commercial-DFW represented the landlord.

The Tile Shop has signed a lease for 16,951 square feet of industrial space at Haltom Place, 6316 Airport Freeway in Haltom City, with Barnard XLIV Ltd. Leland Prowse of Transwestern represented the landlord.

Old Republic National Title Insurance Co. has extended its lease for 3,921 square feet at 1210 Hall Johnson Road in Colleyville with Beall Legacy Partners LP. Frank Jester of Transwestern represented the landlord.

Merry Xray has signed a lease for 13,972 square feet of industrial space at 3029 E. Randol Mill Road in Arlington with Grayscale LLC. Frank Jester of Transwestern represented the landlord.

Brian and Elizabeth Powers have signed a lease for 1,150 square feet at 2125 Martin Drive in Bedford with Durkin Investments Inc. Davy Wright of Transwestern represented the tenant.

Send real estate news to lgraham@bizpress.net

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