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Monday, March 1, 2021

Real Deals: Sales and leases

SALE

Richland Square, a 13,510-square foot retail property located in North Richland Hills, has been sold, according to Mark R. McCoy, regional manager of the Marcus & Millichap’s Fort Worth office.

Bill G. Jordan, first vice president investments in Marcus & Millichap’s Fort Worth office, and Steven McClendon, associate in Marcus & Millichap’s Brooklyn office, exclusively marketed the property on behalf of the seller, a partnership. The buyer, a private investor, was also secured by Jordan and McClendon.

Richland Square is located at 7915-7927 Grapevine Highway in North Richland Hills, Texas. The shopping center is 100 percent leased with a complementary mix of corporate and local tenants. The center is located strategically off of Loop 820, just one mile west of North East Mall.

LEASES

Book Trools Management Inc. has leased 7,000 square feet of flex space in Building A, 825 Avenue H, Arlington, from First Industrial Texas LP. Michael W. Spain, executive vice president and managing partner of Bradford Commercial Real Estate Services, represented the tenant. Brian Gilchrest of CBRE represented the landlord.

Century Fire Holdings has leased 9,000 square feet at Riverbend Business Park, Fort Worth, 76118. Keaton Duhon and Jake Neal with Holt Lunsford Commercial represented the landlord, Riverbend Properties.

Gipson Security Solutions renewed its lease of 3,000 square feet at Riverbend Business Park, Fort Worth, 76118. Keaton Duhon and Jake Neal with Holt Lunsford Commercial represented the landlord, Riverbend Properties.

Jay Kay Auto Paint and Body Shop renewed its lease of 2,000 square feet at 320 E. Pioneer Parkway, Arlington, 76010. Keaton Duhon of Holt Lunsford Commercial represented the landlord 303 Associates. Allen Gump with Collier’s International represented the tenant.

Mike’s Signs renewed its lease of 2,000 square feet at Riverbend Business Park, Fort Worth, 76118. Keaton Duhon and Jake Neal with Holt Lunsford Commercial represented the landlord, Riverbend Properties.

Noetic Inc. has leased 11,000 square feet of warehouse space in Royal Freeport, 4343 W. Royal Lane, Irving, from Royal FP LLC. Michael W. Spain, executive vice president and managing partner of Bradford Commercial Real Estate Services, and Jason Finch, senior associate, represented the landlord. Jeff Rein of Stream Realty Partners represented the tenant.

Retro Arcade of Texas has leased of 2,000 square feet at Riverbend Business Park, Fort Worth, 76118. Keaton Duhon and Jake Neal with Holt Lunsford Commercial represented the landlord, Riverbend Properties.

SB Food Depot LLC has leased 9,258 square feet of retail space in Irving Square at 3578 W Airport Freeway. Chris Gibbons and Milton Black with JLL represented the landlord. Monika Guzman with NAI Robert Lynn represented the tenant.

TTC Equipment and Supply LLC expanded 30,240 square feet at Heritage Business Park – Building 6, 800 Industrial Blvd. in Grapevine. Blake Kendrick, Ryan Boozer and Sarah Ozanne with Stream Realty Partners represented the landlord, Prologis. Clay Balch with Holt Lunsford Commercial, Inc. represented the tenant.

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