MARCH 29, 2011

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Recent News

ACCENTCARE MOVES HQ
TO DALLAS


Briargrove Place
Briargrove Place

DALLAS -- AccentCare, a home healthcare company, is relocating its corporate headquarters from Irvine, Calif., to Dallas. The company has signed a lease for nearly 33,000 square feet at Briargrove Place, a Class A office property owned and managed by Crown Sterling Properties at 17855 N. Dallas Pkwy. in Dallas. Brian Griggs and Tom Dyer handled the transaction for Crown Sterling Properties, while Steve Jarvie of Jones Lang LaSalle represented AccentCare.


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VACANT WALMART SITE  

SELLS IN HOUSTON



HOUSTON -- A site located at 22420 State Hwy. 249 in Houston that includes a vacant 54,768-square-foot Walmart facility has traded hands. Kiss Investment has sold the 4.67-acre site to P.S. Misstex, LTD, for an undisclosed amount. David Lee, Adam Ross and Courtney Carnahan of Transwestern represented P.S. Misstex, LTD, and Greg DeGeurin of DeGeurin Realty represented Kiss Investment.  


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FREE-STANDING WALGREENS SELLS IN SILSBEE



SILSBEE -- Stan Johnson Co. has completed the sale of a 14,550-square-foot, free-standing Walgreens at 496 Hwy. 96 South in Silsbee, located north of Beaumont. Brandon Duff and Brad Feller of Stan Johnson Co. represented the seller, a Houston-based developer, while Stan Johnson Co.'s Jim Gibson represented the buyer, an individual investor also based in Houston, in the transaction. The free-standing Walgreens is situated on 1.71 acres.


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NAI HOUSTON FACILITATES
170,000 SF INDUSTRIAL LEASE
FOR VAL-FIT INC. 



HOUSTON -- Val-Fit Inc., a Georgia-based master distributor of fittings, flanges and forged steel, has leased a 170,017-square-foot warehouse space at 9051 Spikewood Dr. in Railwood Industrial Park in Houston. Val-Fit's customers sell to the oil, gas and energy markets, which lured the company to the Houston market. The landlord, Weingarten Realty Investors, was represented in-house by Mary Jo Giammalva, while Val-Fit was represented by John Ferruzzo, Chris Kugle and Dustin Gilloz of NAI Houston.


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NOW SPECIALTIES
INCREASES PRODUCTION SPACE IN CARROLLTON



CARROLLTON -- Now Specialties Inc., an exterior wall system designer, fabricator and installer, has expanded its corporate headquarters, production and warehouse space at Country Club Place by signing a 45,178-square-foot lease to become the largest tenant in the three-building property. Now Specialties occupies the entire 25,000-square-foot Building 3 and 20,178 square feet of Building 2 at 2122 Country Club Pl. Brian Pafford of Bradford Commercial Real Estate Services negotiated on behalf of the landlord, Acquiport DFW.


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Done Deals, Leases



Lease: 10,144 SF - Office


Property: Addison Park Place, 4550 Beltway, Addison, Texas

Tenant: BL Restaurant Operations LLC

dba Bar Louie

Landlord: Addison Park, Ltd., and The Gibby Family Living Trust

Brokers: Tenant - Larry Toon and Rachel Brown, Jones Lang LaSalle

Landlord - Mark Tharp, Harkinson Co.


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Lease: 7,788 SF - Office  


Property: 6565 MacArthur at Sierra, Las Colinas, Texas  

Tenant: ComStar Media  

Landlord: Taylor Morrison (sublease) 

Brokers: Tenant - Mike Wyatt and Robbie Baty, Cushman & Wakefield 

Landlord - Keith Bilski and Neil Martin, Finial Group  


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Lease: 4,773 SF - Restaurant 


Property: Lake Vista Marketplace, Dallas, Texas 

Tenant: The Wild Turkey Bar & Grill 

Landlord: Unlisted

Brokers: Tenant - Unlisted

Landlord - Tony Albanese, Bright Realty 


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Upcoming Events



 Third Annual  

InterFace Student Housing Conference

The Most Important Information &  

Networking Event of the Year

 

April 12-14

Renaissance Austin Hotel - Austin, TX

 

Featured Panel:

Capital Markets Update - Who's Lending,
At What Rates, and On What Kinds of Projects? 

 

Bradley, Coleman, Lutz, Martinez and Templin


 

Pictured from left to right, top to bottom:

  • Moderator: Tim Bradley, Founder, TSB Capital Advisors
  • Brendan Coleman, VP, Multifamily Finance, Walker & Dunlop
  • Frank Lutz, VP of Multifamily Customer Management,
    Fannie Mae
  • Rich Martinez, Managing Regional Director, Multifamily SE Regional Production & Sales Group, Freddie Mac
  • Walt Templin, VP, Blue Vista Capital Management   

Not pictured:

  • Christopher Martineau, Senior VP, Mutual of Omaha Bank

 

Click here for the full agenda or to register.


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ULI North Texas -  

Networking Cocktail Hosted by Young Leaders Group

March 31, 5:30 pm - 7:30 pm 

J. Black's

2409 N. Henderson Avenue 

Dallas, TX 

Click here for more information.

 

 

 

ICSC - Austin Next Generation Educational Workshop

March 31

Cafe Express

3418 N. Lamar

Austin, TX 78705

Click here for more information.

 

 

 

Commercial Expo Living Legends 2011

Keynote: John C. Cushman III, Cushman & Wakefield 

April 6, 4 pm - 8 pm

Westin Galleria, 3rd Floor Galleria Ballroom

5060 W. Alabama

Houston, TX 77056

Cost: $50/person; $350/10 tickets 

Click here for more information.  

 

 

InterFace Student Housing

The Leading Conference and Show  

for the Student Housing Industry

April 12-14

Renaissance Austin

Austin, TX 

For more information, contact Lindsay Machado at 404-832-8262 or lmachado@francepublications.com.

 

 

 

21st Annual Outlook for Texas Land Markets

Real Estate Center at Texas A&M University

April 21-22

Omni Hotel

9821 Colonnade Blvd.  

San Antonio, TX 78230

Seminar only: $220

Seminar and MCE Legal Update: $245

For more information or to register, click here.



 

DBIA Southwest Region - 7th Annual Conference

April 28-29

The Worthington Renaissance Fort Worth

200 Main St.

Fort Worth, TX 76102

Click here for more information.

 

LMI Capital
ICSC Right People
Catalyst
NAI Texas
La Porte, Texas
DBox Glass Masking Ad
West Second Street Ad
InterFace Student Housing Ad
City of Burnet
J. Beard Real Estate Co Ad
La Porte, Texas
Net Realty Advisors


Texas Real Estate Business E-Newsletter. ISSN 2154-2740. Copyright � 2011. France Publications, Inc. All Rights Reserved.