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Thursday, December 3, 2020
Uncategorized Real Deals: Sales and leasaes

Real Deals: Sales and leasaes

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SALES

MJCC Holdings LLC sold a 19,750-square-foot industrial property at 7315 Commercial Blvd. E. in Arlington to Essential Holdings LLC. Transwestern principals Jeff Givens and Todd Hawpe represented the seller.

Interstate Batteries sold a 12,262-square-foot industrial property at 2233 Solona St. in Haltom City to Adder Minnis LP. Transwestern principals Jeff Givens and Todd Hawpe represented the buyer. Brice Wells and Bob Scully of CBRE represented the seller.

A private investor has sold Centerview Medical Office, a 14,231-square-foot office property located in Keller, to another private investor. Cody Payne of Marcus & Millichap’s Fort Worth office and Wayne Bares in Marcus & Millichap’s Dallas office had the exclusive listing to market the property. The buyer was secured by Joshua D. Murphy, senior associate in Marcus & Millichap’s San Antonio office. Centerview Medical Office is located at 1141 Keller Parkway and was built in 2003.

Institutional Property Advisors, a division of Marcus & Millichap, announced the sale of Residences at Holly Oaks, a 128-unit multifamily asset in Weatherford. IPA’s Will Balthrope, Drew Kile and Joey Tumminello, along with Nick Fluellen and Bard Hoover of Marcus & Millichap represented the seller, SPI Advisory, and procured the buyer.

“The market continues to see opportunity on the west side of Fort Worth with recent developments such as the Chisolm Trail Parkway and Walsh Ranch,” said Tumminello. “Weatherford is a market that offers strong fundamentals with limited supply.”

Marcus & Millichap has announced the sale of Lewisville Commons, a 16,136-square-foot retail property located in Lewisville, according to Kyle Palmer of the firm’s Fort Worth office. Philip Levy of Marcus & Millichap’s Fort Worth office had the exclusive listing to market the property on behalf of the seller, a developer.

LEASES

Lifetime Coatings of Texas signed a lease for 9,000 square feet of industrial space at 7315 Commerce Blvd. E. in Arlington. Transwestern’s Jeff Givens and Todd Hawpe represented the landlord, Warkne’s Machining Company LLC.

Vintage Floors signed a lease for 4,810 square feet of retail space at 5136 Camp Bowie Blvd. in Fort Worth. Transwestern’s Bill Behr and Gavin Behr represented the tenant. John Dickey with Carlisle Interests represented the landlord.

Clear Fork Field Services LLC signed a lease for 2,616 square feet of office space at 550 Bailey Ave. in Fort Worth. Transwestern’s Whit Kelly and Jason Harrell represented the landlord, DIP SPV Company 9 LLC.

Into My Own LLC dba The Dailey Method Fort Worth signed a lease for 2,075 square feet of retail space at 2000 W. Berry St. in Fort Worth. Transwestern’s Kyle Poulson and Gibson Duwe represented the tenant.

Polavarapu Plastic Surgery LLC has leased 2,062 square feet of office space at 5701 Edwards Ranch Road in Fort Worth. Transwestern’s Jason Harrell represented the tenant.

Send real deals to Robert Francis at rfrancis@bizpress.net.


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