The Fort Worth Business Press obtains some of its Real Deals content through a partnership with Xceligent Inc., a commercial real estate research firm.
Social House plans mid-November opening Social House has leased 5,045 square feet at in Fort Worth’s West 7th district, according to Xceligent Inc. The site, at 840 W. Currie St., was formerly the Brownstone restaurant. Representing the landlord in the transaction were Mike Geisler, Don Miller and Easley Waggoner of Venture Commercial-DFW. According to a Social House spokeswoman, the Fort Worth location expects to open in the middle of November. Social House has two locations currently, one in Dallas and one in Addison, and offers 100 beers on draft. Social House’s food focuses on southern and Texas flavors.
$15M SENIOR LIVING FACILITY PLANNED Avanti Senior Living, a developer and operator of senior living communities based in The Woodlands, will build a $15 million, 77,000-square-foot assisted-living and memory-care complex in Flower Mound. The company plans to break ground on Avanti at Flower Mound in January, and anticipates the first of 90 residents in early spring 2016. The new senior community will be located north of Cross Timbers Road and Long Prairie Road. Avanti is partnering with architects at PRDG, interior designers at studioSIX5, and brokers and developers at Cypressbrook Company to build the facility. “We are excited to pioneer a whole new concept for assisted living and memory care by combining technology, quality care and innovative design,” said Avanti co-founder and CEO Tim Hekker. “Our goal is to build and manage a community where residents live with independence, choice and endless opportunities to socialize.” Amenities will include a state-of-the-art wellness center with ballet bar and fitness equipment, a theater, a full-service salon and spa, and an art studio with a stone wall for the residents to display artwork. The complex will offer 50 assisted-living and 40 memory-care suites. One- and two-bedroom suites will feature wood flooring, expansive windows, walk-in closets, oversized showers, stone countertops and upgraded finishing on plumbing and appliances. In addition, RFID keyless entry will allow residents to enter and leave their suites without worrying about carrying their keys. Avanti Senior Living was started in 2013. The company plans to initially build its communities in Texas, Florida and Louisiana, according to a news release. – Betty Dillard
WAL-MART OPENS ON JACKSBORO HWY A new Wal-Mart Supercenter at 2245 Jacksboro Highway in Fort Worth opened on Oct. 22. The store is expected to create about 300 new jobs in the area. The grand opening festivities included an appearance by Mayor Pro Tem Sal Espino and the North Side High School Mariachi Band. Wal-Mart also presented $8,000 in grants to community organizations. They included the Fort Worth Fire Department, Score a Goal in the Classroom, North Side High School Mariachi, Castleberry High School Choir, The Stokes Christian Boys Home, Tarrant County Samaritan Housing Inc. and The Kid Next Door Foundation. The store manager is Lonnie Brown, who began his Wal-Mart career in 2003 as an hourly worker. “I am so proud of my team for bringing this new store to life,” said Brown. “We look forward to serving the Fort Worth community.” The store is about 186,000 square feet and offers a grocery and pharmacy along with retail items. – Robert Francis
EL FENIX PLANNED IN WEATHERFORD El Fenix Mexican Restaurant kicked off construction for its newest location in Weatherford, which is expected to open in the spring. Groundbreaking was on Oct. 8, attended by Weatherford Mayor Dennis Hooks; Tammy Gazzola, president of the Weatherford Chamber of Commerce; and Mike Karns, president of El Fenix Corp.; Steve Chambers, director of field operations, El Fenix; and Brandon Whitten, general manager, Weatherford El Fenix. The group turned the dirt with oversized forks in lieu of traditional shovels. The 5,944-square-foot building at 315 Adams Drive will seat 242 diners. El Fenix was acquired by Firebird Restaurant Group in 2008 and was refurbished at the time. – Robert Francis
SALES Hanul Plaza LLC has purchased 2,080 square feet for an undisclosed price at 5936 Geddes Ave. in Fort Worth, according to Xceligent Inc. The seller, CCP Donn Gedd LP, was represented in the transaction by David Walters and George Curry of JLL-Fort Worth.
LEASES Tax Systems has leased 5,800 square feet at 755-765 109th St. in Arlington, according to Xceligent Inc. Representing the landlord in the transaction were John Brewer and Brian Gilchrist of CBRE-Arlington. Pho District has leased 1,554 square feet at 2421 W. Seventh St. in Fort Worth, according to Xceligent Inc. Grant Gary and Peter Jacobsen of Woodmont Company-Fort Worth represented the landlord. Envy Salon has leased 3,945 square feet at 2801-2873 W. Seventh St. in Fort Worth, according to Xceligent Inc. Representing the landlord were Mike Geisler, Don Miller and Easley Waggoner of Venture Commercial-DFW. Community Trust Bank has leased 2,860 square feet at 3000-3024 W. Seventh St. in Fort Worth, according to Xceligent Inc. Melissa Kulig and Mack House of The Westover Group represented the landlord. Guardian Force Security has leased 3,280 square feet at Northstar II, 8713 Airport Freeway in North Richland Hills, according to Xceligent Inc. The tenant was represented by Jeff Givens and Tracey Georges of Transwestern. Representing the landlord were Jeffrey Day and Zac Thomas of Centra Partners LLC-Fort Worth. Health Reform Team has leased 1,200 square feet at Northstar II, 8713 Airport Freeway in North Richland Hills, according to Xceligent Inc. Jeffrey Day and Zac Thomas of Centra Partners LLC-Fort Worth represented the landlord. Fit Supply has leased 50,000 square feet at 1421-1425 Avenue R in Grand Prairie, according to Xceligent Inc. The tenant was represented by Mark Graybill and Scott Giordano of Lee & Associates-Dallas. Representing the landlord was Dan Lawson of Proterra Properties Inc. Craig B. Henry M.D. has leased 1,096 square feet at 1217 Florida Dr. in Arlington, according to Xceligent Inc. Representing the landlord in the transaction was Clint Montgomery of Sperry Van Ness, Visions Commercial. Attorney General of Texas has leased 2,561 square feet at Forest Hill Shopping Center, 6619 Forest Hill Dr. in Forest Hill, according to Xceligent Inc. Representing the landlord in the transaction was Alan Sandgarten of Quine & Associates Inc.-Dallas-Fort Worth. Clear View Dry Cleaner has leased 1,200 square feet at Vineyard Marketplace, 2030 W. Glade Road in Grapevine, according to Xceligent Inc. Michael Tran and Mike Cagle of CASE Commercial Real Estate Partners-Dallas represented the landlord. Vibrant Yoga has leased 2,400 square feet at Vineyard Marketplace, 2030 W. Glade Road in Grapevine, according to Xceligent Inc. Michael Tran and Mike Cagle of CASE Commercial Real Estate Partners-Dallas representing the landlord.