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Real Estate Real Deals: Mitchell Group buys 2nd property in medical district

Real Deals: Mitchell Group buys 2nd property in medical district

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Fort Worth Business obtains some of its Real Deals content through a partnership with Xceligent Inc., a commercial real estate research firm.

Mitchell Group buys 2nd property in medical district

Mitchell Asset Group Inc. has purchased a 32,000-square-foot property at 410-426 S. Henderson Ave. in Fort Worth, marking the real estate investment firm’s second medical district acquisition this year. The firm is led by Dax T. Mitchell and Andrew Gi. Its latest acquisition is just across from Cook Children’s and Harris Methodist hospitals and home to a urological surgical center and a CVS pharmacy. Cody Payne of Marcus & Millichap Real Estate Investment Services represented the seller, Stephan and Helena Leung 2000 Trust, with the buyer represented by Andy Rogers of Kelly, Hart and Hallman LP.

RETAIL CENTER SOLD

NEAR STOCKYARDS

CFG Park Corp. has purchased a 4,976-square-foot retail center near the Fort Worth Stockyards from FSCMJ Investment Inc. The property is located just north of the Main-28th streets intersection. Max Tsai and Liam Logan of Henry S. Miller Brokerage’s retail division represented the seller. Akm Azad of Century 21 Commercial represented the buyer.

VICTORY GROUP BUYS

26 ACRES IN NORTH FW

Victory Group’s Tony Ramji and Kris Ramji have purchased 26 acres at the southeast corner of FM 156 (Blue Mound Road) and Basswood Boulevard in Fort Worth for an undisclosed price. The land will be used for a new retail development. Eddie Liebman and Matthew Rosenfeld of The Weitzman Group represented the seller. Davidson & Bogel Real Estate represented Victory Group.

WALNUT PLAZA BUYER

PLANS RENOVATIONS

A California investor has sold the Walnut Plaza retail center near the Arlington-Mansfield city line to a local limited liability company, 2000 Walnut Plaza LLC, in an all-cash transaction.

The property, developed in 1985, occupies a 1.25-acre tract fronting FM 157. Its anchor tenants are Rent-A-Center and H&R Block. Plans call for Walnut Plaza to be renovated. Joe Hamilton of Coldwell Banker Commercial Alliance DFW represented the seller, Stanley Fong.

IRVING RETAIL CENTER SOLD

Market Square retail center in Irving has been sold to Bo Avery of Tri Marsh Center. Prescott Interests Midway Plaza Ltd. sold the 49,727-square-foot property for an undisclosed price. The center is 92.2 percent occupied and features Boston Market, Pizza Hut, State Farm Insurance and FedEx among its tenants. Pierson Realty Advisors of Dallas represented the seller.

LEASES

Colonial Auto Care has leased 7,000 square feet at 3008-3032 Alta Mere Drive in Fort Worth. Dick Myers of Vasseur Commercial Real Estate Inc. represented the landlord.

Ricoh USA Inc. has leased 4,470 square feet at The Shops at So7, 2421 W. Seventh St. in Fort Worth. Alex Bryant of Transwestern-Fort Worth represented the landlord.

Venetian Nail Spa has leased 3,649 square feet at 5000 S. Hulen St. and 4801-4825 Overton Ridge Blvd. in Fort Worth. Gretchen Miller and Eric Vickers of The Weitzman Group-DFW represented the landlord.

Spavia has leased 2,741 square feet at 5000 S. Hulen St. and 4801-4825 Overton Ridge Blvd. in Fort Worth. Gretchen Miller and Eric Vickers of The Weitzman Group-DFW represented the landlord.

Michael’s PC Sales & Service has leased 4,550 square feet at 8120 White Settlement Road in White Settlement. Nathan Vasseur of Vasseur Commercial Real Estate Inc. represented the landlord.

Double Beef Foods has leased 4,113 square feet at 1300 S. Bowen Road in Arlington. Kirt Tillman of Express Real Estate Services represented the landlord.

Neel Schaffer has leased 1,640 square feet in the Corporate East building, 2501 Avenue J in Arlington. Mark Webster of Silver Oak Commercial Realty represented the landlord.

Bison Coolers LLC has leased 11,986 square feet at 5113 Commercial Drive in North Richland Hills. Bob Clatt of CSI-Commercial Services represented the landlord.

Kirkland’s has leased 11,590 square feet at Park Village, 1001-1161 E. Southlake Blvd. in Southlake. Amy Pjetrovic and Tim Henson of Venture Commercial-DFW represented the landlord.

Tierney Plumbing has leased 1,799 square feet at Trinity Park Southlake, 935 S. Kimball Ave. in Southlake. Andrew Beckman and Steve Shrum of Glacier Commercial-Dallas represented the landlord.

EYM Group Inc. has leased 11,124 square feet of office space from Big Brothers Big Sisters Lone Star at 450 E. John Carpenter Freeway in Irving. John Fancher and Robbie Baty of Cushman & Wakefield represented the landlord. David Ditchman of eSmith Realty represented the tenant.

CashCall Inc. has renewed its lease for 39,846 square feet of office space at 3660 Regent Blvd. in Irving from SCRE Regents Limited Partnership. Clint Madison and John Fancher of Cushman & Wakefield represented the landlord. Jay Carnahan of Orion Realty represented the tenant.

Michael Lewis Co. has leased 75,000 square feet at Main Street Distribution Center, 2510 W. Main St. in Grand Prairie. Cannon Green and Luke Davis of Stream Realty Partners LP-Dallas represented the landlord.

Dealer Products has leased 21,784 square feet at 1122-1130 W. North Carrier Parkway in Grand Prairie. Kacy Jones, Steve Koldyke and Wilson Brown of CBRE-Dallas represented the landlord.

Pharmacy Corp. of America has leased 18,193 square feet at One Paddock Place, 2214 Paddock Way Drive in Grand Prairie. Brian Gilchrist of CBRE represented the tenant. Jim Ferris and Michael Spain of Bradford Commercial Real Estate Services-GSW Office represented the landlord.

Sprint Ship LLC has leased 12,194 square feet at Post & Paddock Service Center, 1330 Post & Paddock St. in Grand Prairie. David Martin of Capstone Commercial Real Estate Group represented the tenant. Jim Ferris and Michael Spain of Bradford Commercial Real Estate Services-GSW Office represented the landlord.

Kung Fu Tea has leased 1,928 square feet at Lake Prairie Towne Crossing, 5210-5280 S. Watson Road in Grand Prairie. Chris Corbin and Easley Waggoner of Venture Commercial-DFW represented the landlord.

Dickey’s Barbeque Pit has leased 1,800 square feet at Lake Prairie Towne Crossing, 5210-5280 S. Watson Road in Grand Prairie. Chris Corbin and Easley Waggoner of Venture Commercial-DFW represented the landlord.

Send real estate news to lgraham@bizpress.net

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