The Fort Worth Business Press obtains some of Real Deals from Xceligent Inc.: www.xceligent.com
The modern furniture and home/office décor retailer West Elm will open in West 7th Fort Worth this summer.
Officials of West 7th Fort Worth said the furniture retailer will occupy a 10,502-square-foot space at the street level at 2869 W. Seventh St., at the intersection with Currie Street.
West Elm will feature Texas-based makers and designers who will sell their products in the store’s fall assortment as part of the retailer’s local program. A design lab will offer West Elm Style + Service.
The Woodmont Co., which is responsible for leasing at West 7th, sees the long-term synergy between a company such as West Elm and the West 7th development.
“The [nearby] Cultural District is truly special, and West 7th is proud to be an integral part of this community,” said Peter Jacobsen, senior vice president at Woodmont. “We believe the commitment by West Elm and our upcoming announcements of other new retailers and restaurants is further testament to the neighborhood’s evolution into one of the top urban, walkable shopping and entertainment districts in Texas.”
West 7th is managed by Vestar.
HONDA DEALERSHIP HEADS
TO I-20 IN WEATHERFORD
San Antonio-based Gunn Automotive Group has closed on a 10.4-acre tract in Parker County, keeping its plan on track to break ground by early June on its first Honda dealership in North Texas.
The site is part of a 23-acre tract with 1,000 feet of frontage along the south side of Interstate 20 in Weatherford. Gunn Automotive has scooped up 500 feet of freeway frontage between the exits for Old Dennis and Bethel roads. The rest of the site –12.6 acres and its 500 feet of frontage – is for sale.
Colton Wallis, senior associate in the Fort Worth office of Dallas-based Bradford Commercial Real Estate Services, and Nick Talley, senior vice president and managing partner, represented the sellers, Darryl L. Roberts and Rosemary Atwood, private investors from Weatherford. Jack Huff and Kyle Poulson of Transwestern Dallas negotiated for the buyer.
Gunn Automotive is planning a 30,000-square-foot building and showroom, according to plans at the Weatherford Economic Development Department. The proposed $10 million Honda dealership is expected to create nearly 80 jobs.
“The site is shovel-ready with utilities in place,” Wallis said. “It is a good piece of land for them with excellent freeway visibility.”
Gunn’s Honda dealership will be across the freeway from Academy Sports, Hobby Lobby and Weatherford Town Center. About one mile east is another major shopping area with brands including J.C. Penney, Kohl’s, Target, TJMaxx, Walmart and Home Depot.
“A few years ago, Weatherford started offering tax incentives to spur development,” Wallis said. “I grew up there so I know how much it’s changed. There are a lot of things happening.”
Gunn Automotive Group has been in business since 1955 when “Pop” Gunn opened his first showroom. It now serves San Antonio, Selma, Schertz, Boerne, New Braunfels and Live Oak.
SALES
Ft. Worth & Crowley Partners Ltd. sold 51.278 acres along the Chisholm Trail Parkway in Fort Worth and Crowley to SNM Realty Estate LP. Lester Day with Transwestern represented the seller.
Rhome Energy Properties sold 8 acres at 213 Iron Horse Court in Rhome to DCG Land and Cattle LLC. Principal Todd Hawpe with Transwestern represented the buyer.
Bill Stonaker sold 5.5 acres at Landmark Quebec in Fort Worth to SK Lake Worth Partners Ltd. Sarah LanCarte and Jeff Givens with Transwestern represented the seller.
Motor Speedway Partners Ltd. sold 1.459 acres at Texas Speedway Centre in Fort Worth to FWH Speedway Investments LLC. Lester Day with Transwestern represented the seller.
Denham Energy Holdings LLC sold a 2,200-square-foot office building at 1417 S. Main St. in Weatherford to Harvard Family Holdings LLC. Grant Huff with Transwestern represented the seller.
LEASES
Henry Schein Inc. has leased 12,488 square feet of industrial flex space in Randol Mill Service Center, 2440 E. Randol Mill Road in Arlington, from UVAG Realty LP. Jason Miller and Michael W. Spain of Bradford Commercial Real Estate Services represented the tenant. John Brewer and Ben Phillips of Transwestern Dallas represented the landlord.
Red Bull has leased 32,600 square feet at Parc North Building 3, 2751 Northern Cross Blvd. in Fort Worth. Seth Koschak, Blake Kendrick and Forrest Cook of Stream Realty Partners LP–Fort Worth represented the landlord.
Charter has leased 16,388 square feet at DFW Global Logistics Centre Building D, 1275 W. 17th St. in Grapevine. Steve Koldyke and Kacy Jones of CBRE–Arlington represented the landlord.
Dallas Automotive Restyling has leased 15,000 square feet at 1213-1219 E. Avenue J in Grand Prairie. Michael Spain and Clint Manning of Bradford Commercial Real Estate Services–GSW Office represented the landlord.
Unique Courier Service has leased 4,893 square feet at Prologis Port America 19, 755 Port America Place in Grapevine. Turner Petersen of Mercer Co. represented the tenant. Gil Stroube and Oscar Couto of Lincoln Property Co.–Dallas represented the landlord.
Brimer Perry & Associate has leased 3,836 square feet at Park Springs Place, 4025 Woodland Park Blvd. in Arlington. Kurt Cherry and Shea Byers of PM Realty Group–Dallas represented the landlord.
Delcon Glass has leased 3,840 square feet at 2410 Minnis Drive, Building 1, in Haltom City. Ed Runyon of WsFR Properties represented the landlord.
GXI Outdoor Power LLC has leased 3,000 square feet at Riverbend Building 24, 7501-7529 Pebble Drive in Fort Worth. George Jennings, Donnie Rohde and Jake Neal of Holt Lunsford–Dallas represented the landlord.
Kelly’s Kloset has leased 2,978 square feet at Woodbridge Plaza, 420 Grapevine Highway in Hurst. Richard Polishuk of Henry S. Miller Brokerage LLC–Dallas represented the landlord.
Southwest Medical Equipment has leased 2,400 square feet at Shady Oaks Shopping Center, 401-463 W. Bedford Euless Road in Hurst. Norman Hoppenstein of Hoppenstein Properties Inc. represented the landlord.
Mad Labs Vapor has leased 1,744 square feet at Woodbridge Plaza, 420 Grapevine Hwy in Hurst. Representing the landlord in the transaction was Richard Polishuk of Henry S Miller Brokerage LLC – Dallas.
Matrix Plumbing has leased 1,740 square feet at Shady Oaks Shopping Center, 401-463 W Bedford Euless Rd in Hurst. Representing the landlord in the transaction was Norman Hoppenstein of Hoppenstein Properties Inc.
Sakura Day Spa has leased 1,511 square feet at Cherry Hill Plaza, 1600-1650 S. Cherry Lane in White Settlement. James Blake and Jeff Watson of SVN Commercial Realty–Trinity Advisors represented the landlord.
Xchange Leasing LLC signed a 26,993-square-foot retail lease at 2301 S.E. Loop 820 in Fort Worth with Cidema Three Limited Partnership. Todd Hawpe and Jeff Givens with Transwestern represented the landlord.
Martin House Brewing Co. renewed its 21,000-square-foot industrial lease at 220 S. Sylvania Ave. in Fort Worth with 220 Sylvania Partners LLC. Todd Hawpe with Transwestern represented the tenant.
Camp Bow Wow signed a 9,268-square-foot lease at 6411 Camp Bowie Blvd. in Fort Worth with Highland Hawk Joint Venture. Todd Hawpe with Transwestern represented the tenant.
NuMotion signed a 7,125-square-foot industrial lease at 8916 Oak Grove Road in Fort Worth with WFR Properties. Sarah LanCarte with Transwestern represented the tenant.
Teach Me LLC signed a 6,693-square-foot office lease in Hulen Plaza at 4400 Oak Park Lane in Fort Worth with Hulen Office Plaza Prtnrs Ltd. Kirk Kelly with Transwestern represented the landlord.
VPA of Texas LLC signed a 4,252-square-foot office lease extension at 1301 W. Seventh St. in Fort Worth with Texas and Southwestern Cattle Raisers Association. Kirk Kelly with Transwestern represented the landlord.
GTW/YM Fort Worth PLLC signed a 3,667-square-foot office lease at 4200 S. Hulen St. in Fort Worth with Frost Bank Office Building. Whit Kelly with Transwestern represented the landlord.
Clariant Corp. signed a 3,196-square-foot office lease in Bank of America Tower at 500 W. Seventh St. in Fort Worth with First on 7th. Jim Sager with Transwestern represented the tenant.
Electra Source Advisors LLC signed a 2,346-square-foot office lease at 1000 Foch St. in Fort Worth with 1000 Foch Street LLC. Whit Kelly and Kirk Kelly with Transwestern represented the landlord.
Stephens Inc. signed a 2,342-square-foot office extension at 777 Main St. in Fort Worth with F7 SSSM LLC. Whit Kelly with Transwestern represented the landlord.
Protect It First Aid & Safety signed a 1,840-square-foot office lease at 1000 Foch St. in Fort Worth with 1000 Foch Street LLC. Whit Kelly and Kirk Kelly with Transwestern represented the landlord.
Bloomfield Hills Financial Inc. signed a 1,716-square-foot office lease at 550 Bailey Ave. in Fort Worth with DIP SPV Company 9 LLC. Whit Kelly with Transwestern represented the landlord.
Dynamic Systems Inc. signed a 980-square-foot office lease at 3108 W. Sixth St. in Fort Worth with 3108 Partners Ltd. Kirk Kelly with Transwestern represented the landlord.
Send real deals to Robert Francis at rfrancis@bizpress.net.
