55.6 F
Fort Worth
Saturday, October 24, 2020


Other News

Exxon’s oil slick

Exxon Mobil is slashing its capital spending budget for 2020 by 30% due to weak demand caused by the COVID-19 pandemic and a market...

Folk music’s Mark Twain: 7 Essential tracks from John Prine,

NEW YORK (AP) — Some people, the songs just come out of them. For nearly half a century, they tumbled out of John Prine...

Tarrant County records another COVID-19 death

Tarrant County Public Health (TCPH) on Wednesday, April 8 reported that a resident of Euless has died as the result of the COVID-19 virus....

Tradition stymied: A year unlike any since WWII for Augusta

The Masters is so intertwined with Augusta, they added an extra day to spring break.You see, the first full week of April isn't just...



CBRE has announced the sale of Bardin Place, a 420,550-square-foot retail center in Arlington. Dallas-based Vista Property Co. purchased the center from Brixmor Property Group for an undisclosed price.

Bardin Place is just south of Interstate 20 at the northwest corner of South Cooper Street and Bardin Road, is a grocery-anchored power center located in the retail epicenter of Arlington. The center is 99.8 percent leased to tenants including new-to-Texas grocer WinCo, Hobby Lobby, Ross, Hemispheres and Dollar Tree.

“The buyer was attracted to the grocery anchor, the underlying real estate and the strong anchor sales within Bardin Place,” said Chris Gerard, senior vice president for CBRE. “Vista Property Company has been strategically acquiring well-located shopping centers and Bardin Place gives Vista’s organization a large, well-performing center in the middle of one of the largest MSA’s in the country.”

Gerard, Chris Cozby and Blaine Dozier of CBRE National Retail Partners represented the seller in the transaction.


Holliday Fenoglio Fowler LP announced the financing for Villa Lago, a 204-unit, Class A garden-style apartment community at 8201 Boat Club Road in northwest Fort Worth.

The HFF team worked exclusively on behalf of the borrower, Venterra Realty, to place the seven-year, fixed-rate loan with a life company lender at an interest rate of 4.48 percent. Loan proceeds were used to refinance existing debt.

Completed in 2008, Villa Lago sits on an 11.5-acre site and consists of 10 two- and three-story residential buildings with units averaging 912 square feet.

The HFF debt placement team representing Venterra included managing directors Cortney Cole and Steve Heldenfels.


Three buildings totaling about 70,000 square feet on four acres at 6724, 6741 and 6750 Corporation Parkway in Fort Worth have been sold to PCI Corp. Pkwy. LLC. Gary Vasseur of Vasseur Commercial Real Estate Inc. represented the seller. The buildings were about 95 percent leased at the time of the sale.

Suffolk Property Partnership LLC purchased 1.36 acres at 3051 Suffolk Drive in Fort Worth from Tucker Properties-Suffolk LLC. Chris L. Stewart of Vasseur Commercial Real Estate, Inc. represented the buyer. Wynn Tucker represented the seller. Jeremy and Aaron Dietrich, owners of Dietrich Bros. Lawn Services LLC, purchased the site for their new office/warehouse facility.


Air-Kraft Mechanical LLC leased 5,600 square feet of space at 506-508 Alvord Ave. in Fort Worth for an office/warehouse. Air-Kraft works on commercial refrigeration units. Chris L. Stewart of Vasseur Commercial Real Estate Inc. represented McDonald Enterprises Inc., the landlord.

Mr. Jim’s Pizza leased 1,400 square feet of space at Great Lakes Center, 2840 Highway 157 in Mansfield. Jon McDaniel of Robert Lynn/NAI Co. represented the landlord, Robert Suarez of Mansfield. Natalia Singer of Henry S. Miller Brokerage represented the tenant.

Send real deals to Robert Francis at rfrancis@bizpress.net

Latest News

Real Estate: Office still a question mark as industrial remains strong in 3Q

The Dallas-Fort Worth area is a leading area around the country in terms of office occupancy, but there remain plenty of employees...

Texas housing market rebounds in September along with U.S.

Texas’ housing market rebounded in September as homebuyers rushed to take advantage of historically low mortgage rates. Existing homes sold through Texas...

Building in a time of uncertainty

On Thursday, Oct. 29, at exactly 4 p.m. First United Methodist Church of Fort Worth leaders and ministry representatives will pull together...

Phase II of Arlington Commons tops out

KWA Construction has topped out on Phase II of Arlington Commons, one of the largest redevelopment projects in North Texas. Developed by...

Home furnishings retailer Living Spaces opening Fort Worth location

Leading home furnishings retailer, Living Spaces, is opening a brand new showroom in Fort Worth. Located in the AllianceTexas area at 8640 Tehama Ridge Parkway, the...