Fort Worth Business Press obtains some of its Real Deals content through a partnership with Xceligent Inc., a commercial real estate research firm.
Texas Non-Surgical Orthopedic & Spine Center in east Fort Worth is moving and expanding after a local investor purchased the 7,500-square-foot Overlook Centre at 1200 Overlook Terrace just months before the medical center’s lease expires at an adjacent property.
The medical facility plans to move Sept. 1 to a 2,800-square-foot remodeled office space at Overlook Centre. In leaving its current office at 5601 Bridge St., the medical center will gain 800 square feet. The new location will be in the former office of Dr. Gerald Daniel, who recently retired.
Erik Blais of Dallas-based Bradford Commercial Real Estate Services represented the buyer, Overlook Terrace LLC. Jerry Barton of the Jerry Barton Co. in Fort Worth handled negotiations for the seller, Overlook Terrace JV.
VERIZON SELLS IRVING CAMPUS,
WILL STAY AT HQ LOCATION
Verizon has sold its Irving campus to a Chicago investor in a $344 million transaction but will retain part of the property at Hidden Ridge Road near Texas Highway 114 for possible future development.
The 1.15 million-square-foot complex was acquired by Mesirow Realty Sale-Leaseback Inc., a division of Mesirow Financial, a diversified financial services firm.
Verizon will continue to occupy the regional headquarters, with the sale having no impact on the company’s business operations at the location, according to the company. Verizon plans to rent its offices for at least 20 years. The campus has about 2,800 full-time employees and contractors but that number is expected to reach 3,500 by year’s end.
Cushman & Wakefield served as financial adviser and agent for Verizon.
Verizon and its predecessor company, GTE, have occupied the facility since its construction in 1991.
SALES
4D Circle has purchased a combined 17,850 square feet of properties at 1502 and 1518 E. Lancaster Ave. in Fort Worth from Paulos Properties. Northern Realty Group represented the buyer in the transaction.
LEASES
GF-17 Inc. has leased 20,840 square feet at 210 South Freeway in Fort Worth. Sarah LanCarte of Transwestern-Fort Worth represented the landlord, M2G Ventures. Seth Koschak, Luke Davis and Forrest Cook of Stream Realty Partners represented the tenant.
Kuris Gare has leased 135 square feet at 5208 Airport Freeway in Fort Worth. Jim Eaton of Ron Sturgeon Real Estate LP represented the landlord.
David Ciccarelli has leased 2,500 square feet at 3101 N. Main St., No. B in Fort Worth. Jim Eaton of Ron Sturgeon Real Estate LP represented the landlord.
Robert Escalante has leased 2,500 square feet at 3101 N. Main St., No. C in Fort Worth. Jim Eaton of Ron Sturgeon Real Estate LP represented the landlord.
Ace Asphalt has leased 94,517 square feet at Hillwood Commons I, 9800 Hillwood Parkway in Fort Worth. Steve Aldrich, Bill Burton and Reid Goetz of Hillwood-Alliance Texas represented the landlord.
Charles Harrell has leased 14,400 square feet at Beach-Conner Industrial Park, 2661-2669 Ludelle St. in Fort Worth. Carl Brown of SVN Commercial Realty-Trinity Advisors represented the landlord.
Williams Welding has leased 4,250 square feet at 1979 Josh Road in Fort Worth. Sarah LanCarte of Transwestern-Fort Worth represented the tenant. Todd Hawpe and Jeff Givens of Transwestern-Fort Worth represented the landlord.
Dirty Knuckles Garage has leased 4,000 square feet at 3401-3425 S. Jones St. in Fort Worth. Jeff Givens and Davy Wright of Transwestern-Fort Worth represented the landlord.
Nails & Beyond has leased 3,898 square feet at The Village at Camp Bowie, 6115 Camp Bowie Blvd. in Fort Worth. David Lewis, Hunter Brous and Lee Koons of Lincoln Property Co.-Dallas represented the landlord.
MJD Services & Logistics has leased 3,000 square feet at 2424-2432 Blue Smoke Court South in Fort Worth. Carl Brown of SVN Commercial Realty-Trinity Advisors represented the landlord.
Salsa Limon has leased 2,877 square feet at The Tower, 500 Throckmorton St. in Fort Worth. Jordan Johnson of Piper Commercial Real Estate represented the tenant. Chris Flesner and Sam Littlejohn of Retail Solutions-Dallas represented the landlord.
Jim Eaton of Ron Sturgeon Real Estate LP represented the landlord in the following transactions at Blue Mound Business Centre in Haslet:
Valenz Trucking LLC leased 8,000 square feet at 880 Blue Mound Road West.
Dwayne Bridges of Just Chilling Heating and Air has leased 4,000 square feet at 1150 Blue Mound Road West.
Barry Schram has leased 2,850 square feet at 1150 Blue Mound Road West, No. 823.
Robert Crispen has leased 1,600 square feet at 1150 Blue Mound Road West, No. 702.
Decorative Concrete Supply Inc. has leased 4,500 square feet at 1150 Blue Mound Road West, Nos. 302, 811, 812.
E-On Power & Lighting LLC has leased 1,800 square feet at 1150 Blue Mound Road West, No. 103.
Rusty McFarland has leased 1,600 square feet at 850 Blue Mound Road West, No. 702.
Marke Rose has leased 1,600 square feet at 850 Blue Mound Road West, No. 403.
Esmerejildo Gutierrez has leased 1,200 square feet at 850 Blue Mound Road West, No. 705.
Dean Cashen and Andre Cashen have leased 900 square feet at 850 Blue Mound Road West, No. 505.
Wieco Industries Inc. has leased 1,500 square feet at 850 Blue Mound Road West, No. 107.
Storm Guard LLC has leased 4,000 square feet at 1130 Blue Mound Road, No. 300.
John and Angelique Liles have leased 2,765 square feet for their regional Aflac office at Park Springs Place, 4025 Woodland Park Blvd. in Arlington. Clay Wilkinson of Ritter & Associates represented the tenant, and Kurt Cherry and Shea Byers of PMRG represented the landlord, Ageon Realty Advisors.
Southern Baptists of Texas Foundation has leased 3,370 square feet of office space at Park Springs Place, 4025 Woodland Park Blvd. in Arlington. Kurt Cherry and Shea Byers of PMRG represented the landlord, Ageon Realty Advisors.
Concrete Accessories has leased 29,257 square feet at 2905 Avenue E in Arlington. Rik Massengale represented the tenant. Jim Ferris and Michael Spain of Bradford Commercial Real Estate Services-GSW Office represented the landlord.
Abiding Home Health of DFW has leased 1,700 square feet at 1398 W. Mayfield Road in Arlington. Eric English of English Realty-Arlington represented the landlord.
Ninja Ramen and Royal Tea House have leased 3,997 square feet at Bardin Place Center, 4600-4654 S. Cooper St. in Arlington. Selina Planty of Brixmor Property Group Inc.-Dallas represented the landlord.
Children’s Dentistry of Arlington has leased 2,725 square feet at Lincoln Square, 1500 N. Collins St. in Arlington. Chris Young of RioCan represented the landlord.
Sunbelt Furniture Xpress has leased 20,094 square feet at DFW Global Logistics Centre, Building D, 1275 W. 17th St. in Grapevine. Sandy Kee of Kee Commercial Realty represented the tenant. Steve Koldyke and Kacy Jones of CBRE-Arlington represented the landlord.
JDS Contractors LLC has leased 13,950 square feet at Prologis Hanover 3, 701 Hanover Drive in Grapevine. Colt Power of NAI Robert Lynn represented the tenant. Gil Stroube and Oscar Couto of Lincoln Property Co.-Dallas represented the landlord.
VP Net Solutions has leased 3,000 square feet at Central Park Industrial Park, 1509-1521 Central Park Drive in Hurst. Claude Armstrong of A & G Property Management represented the landlord.
Dove Logistics & Transportation LLC has leased 17,888 square feet at Heritage Business Park, Building 8, 1080 S. Kimball Ave. in Southlake. Tyson Erwin of NAI Robert Lynn represented the tenant. Blake Kendrick, Sarah Ozanne and Ryan Boozer of Stream Realty Partners LP-Dallas represented the landlord.
Fortune Real Property Management Services Inc. has leased 2,025 square feet at Glenview Professional II, 7560 Glenview Drive in Richland Hills. Erik Blais of Bradford Commercial Real Estate Services-Fort Worth represented the landlord.
See Pink Photography has leased 1,650 square feet at 201-221 N. Dooley St. in Grapevine. Jeff Veenker of Veenker Real Estate represented the landlord.
Pro Console Repair LLC has leased 1,607 square feet at Parkwood Village Center, 113-217 E. Harwood Road in Hurst. Jake Burns and Eric Deuillet of Structure Commercial represented the tenant and landlord.
Omnilife USA Inc. has leased 38,400 square feet at Prologis Great Southwest 7, 1205 Post and Paddock St. in Grand Prairie. Canon Shoults and Matt McWilliams of Holt Lunsford Commercial represented the tenant. Tom Walrich and Reed Parker of Lee & Associates-Dallas represented the landlord.
Altaquip has leased 35,000 square feet at 901-941 Avenue N in Grand Prairie. Michael Stanzel and Patrick Embry of NAI Robert Lynn represented the landlord.
Ace World Advantage LLC has leased 3,250 square feet at Post & Paddock Place, Building 5, 1000 Post and Paddock St. in Grand Prairie. Corby Hodgkiss of Mercer Co. represented the landlord.
Taylor Made Baseball has leased 5,940 square feet at Aero Business Park, 2650-2670 Aero Drive in Grand Prairie. William Ziegler of American Synergy Management represented the landlord.
Cains Heating and Air LLC has leased 3,000 square feet at Forum Industrial, 2701-2717 S. Great Southwest Parkway in Grand Prairie. Lorraine Schraeder of Jorco Group represented the landlord.
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