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Real Deals: PRIM Construction hired for Victory Park improvements

🕐 4 min read

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

PRIM Construction hired for Victory Park improvements

Fort Worth-based PRIM Construction LLC has been hired for the next phase of Dallas’ Victory Park development.

The Fort Worth firm plans to make capital improvements for three new concepts by Tristan Simon, the Dallas entrepreneur planning the new features for 25,000 square feet of currently vacant space along Block F across from the planned Cinepolis Luxury Cinemas.

Construction already is underway, with completion expected this fall. The renovations follows PRIM’s previous work at the site, including construction of an unfinished parking garage across from the W Dallas-Victory Hotel. When complete in late summer, the structure is expected to feature 22,000 square feet of retail and restaurant space, as well as a 2,600-square-foot covered patio for an as-yet-unnamed restaurant.

Fort Worth retail center sold to personal trust

Forty Oaks Shopping Center has been sold, with an individual-personal trust snapping up the 37,500-square-foot property at 5405-5425 East Lancaster Ave. in Fort Worth.

Blake Burnett of Marcus & Millichap Real Estate Investment Services’ Dallas office and Chance Hales of the firm’s Fort Worth office marketed the property on behalf of the seller, a limited liability company. The buyer was procured by Lisa Estrada, also of the firm’s Fort Worth office.

Family Dollar anchors the retail center, which sits on 3.5 acres and was 100 percent occupied at the time of listing.

Southlake breaks ground on Offices at Kimball Park project

The Offices at Kimball Park is taking shape as Southlake’s next major office development is set to provide 116,484 square feet of Class A office space adjacent to Southlake Town Square at 2114 E. State Highway 114. Groundbreaking occurred on July 19 as city officials and project developers clasped shovels and celebrated the four-level structure, part of the Kimball Park mixed-use project also set to feature a 175-room Cambria Hotel and Suites.

LEASES

Accutech Roofing & Second Opinion has leased 920 square feet at 2921 Lackland Road in Fort Worth. Dick Myers of Vasseur Commercial Real Estate Inc. represented the landlord, Green Oaks Square.

Whataburger has leased a 46,136-square-foot pad site in North Tarrant Marketplace at North Tarrant Parkway and Precinct Line Road in North Richland Hills. David K. Meyers of NewQuest Properties represented the landlord. David Copeland of Edge Realty represented the tenant.

Steve Melton has leased 1,200 square feet of office and storage space at Blue Mound Business Centre, 850 Blue Mound Road West in Haslet. Jim Eaton of Ron Sturgeon Real Estate LP represented the property owner.

Ron Kimmel has leased 1,500 square feet of storage space at Blue Mound Business Centre, 850 Blue Mount Road West, No. 205 in Haslet. Jim Eaton of Ron Sturgeon Real Estate LP represented the property owner.

Leap of Faith Shipping Inc. has leased 11,700 square feet at 5532 Midway Road, No. 7 in Haltom City. Jim Eaton of Ron Sturgeon Real Estate LP represented the property owner.

Nicolasa Trejo has leased 2,600 square feet for a cabinet shop at 5520 Midway Road, No. 107 in Haltom City. Jim Eaton of Ron Sturgeon Real Estate LP represented the property owner.

Clint Henderson has leased 456 square feet for office use at 5208 Airport Freeway, No. 210-13 in Haltom City. Jim Eaton of Ron Sturgeon Real Estate LP represented the property owner.

David Davila has leased 135 square feet of space for music and sound recording at 5208 Airport Freeway, No. 210-5 in Haltom City. Jim Eaton of Ron Sturgeon Real Estate LP represented the property owner.

Bluraene LLC has leased 1,400 square feet for office and storage use at 9891 N. Saginaw Blvd., No. 500 in Saginaw. Jim Eaton of Ron Sturgeon Real Estate LP represented the property owner.

Superlative Blasting LLC has leased 1,440 square feet of office and storage space at 9891 N. Saginaw Blvd., No. 400 in Saginaw. Jim Eaton of Ron Sturgeon Real Estate LP represented the property owner.

Nova Smiles Care has leased 2,100 square feet of retail space in Lantana Town Center at FM 407 and Jeter Road in Bartonville from NewQuest Properties. Josh Friedlander of NewQuest Properties represented the landlord. Trey Hargrave of Dental Space Advisors represented the tenant.

RE/MAX Elite has leased 1,050 square feet of retail space in Lantana Town Center at FM 407 and Jeter Road in Bartonville from NewQuest Properties. Josh Friedlander of NewQuest Properties represented the landlord.

Farmers Insurance has leased 1,050 square feet of retail space in Lantana Town Center at FM 407 and Jeter Road in Bartonville from NewQuest Properties. Josh Friedlander of NewQuest Properties represented the landlord. Kristin Grammar of TIG Real Estate Services represented the tenant.

Clopay Building Products has leased 22,403 square feet at Prologis GSW 43, 1025 Avenue South in Grand Prairie. Brian Gilchrist of CBRE-Arlington represented the tenant, with Jacob Milligan of Prologis-Dallas representing the landlord.

GSA has renewed its lease for 6,418 square feet of office space in Brookhollow Riverside, 2502 State Highway 360 in Grand Prairie. Theron Bryant of Coldwell Banker Commercial Alliance DFW represented the landlord, Down By The Riverside.

Cain’s HTG & 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.

Crystal Garza Storage has leased 1,500 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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Send real estate news to lgraham@bizpress.net

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